NIY could trend upwards later today. Based on these past Switzerland KOF Leading Indicators news events there is a 80% chance of this. This could happen only if the released value is > 96.3. The price movement may be as big as 5,000 pips.
Historical events that allowed us to draw this conclusion
29 Apr 07:00 |
30 Dec 08:00 |
29 Oct 07:00 |
30 Sep 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
