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We expect RB to trend downwards today with a 66.67% chance.

Based on the last 12 GDP Growth Rate QoQ events in Switzerland, we expect RB to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect RB to trend downwards 48 hours following the event release at 05 Sep 05:45 if the released value is < 0.2%. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion

28 Feb 06:45
05 Sep 05:45
01 Jun 05:45
02 Mar 06:45

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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We expect USDCAD to trend upwards today.

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We expect a $1.334 movement on GF within 2 hours following the event release at 05 Sep 05:45.

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