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”).
