Based on past Euro Area Unemployment Rate news events there is a 83.33% chance of USDCHF trending downwards. We expect this to happen if the released value is = 7.5%. A price movement of 2 pips is expected.
Historical events that allowed us to draw this conclusion
31 Jul 09:00 |
31 Jan 10:00 |
31 Oct 10:00 |
01 Oct 09:00 |
31 Aug 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
