Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect USDCHF to trend downwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is > 9.8%
Historical events that allowed us to draw this conclusion
23 Mar 07:00 |
16 Feb 07:00 |
19 Jan 07:00 |
15 Dec 07:00 |
17 Nov 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
