Based on the last 12 Consumer Confidence events in Switzerland, we expect TN to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect TN to trend upwards 48 hours following the event release at 04 Nov 06:45 if the released value is = -10. A price movement of 86 pips is expected.
Historical events that allowed us to draw this conclusion
05 Aug 05:45 |
02 Aug 05:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
