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We expect a $225.977 movement on USDCHF within 4 hours following the release of GfK Consumer Confidence.

We expect a $225.977 movement on USDCHF within 4 hours following the release of GfK Consumer Confidence at 25 Mar 00:01. We expect USDCHF to trend downwards 4 hours following the event release at 25 Mar 00:01 if the released value is < -30. A price movement of 21 pips is expected. Historical events that allowed us to draw this conclusion

25 Feb 00:01
21 Jan 00:01
21 Oct 23:01
19 Aug 23:01
24 Jun 23:01
22 Apr 23:01

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

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