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We expect USDCHF to trend upwards with a 80% chance.

Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we could see a $237 movement on USDCHF within the next 2 hours. We may see USDCHF trend upwards for 2 hours because the released value is > 61.5

Historical events that allowed us to draw this conclusion

06 Dec 15:00
08 Nov 15:00
13 Sep 14:00
16 Aug 14:00

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

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We expect a $446228 movement on ES within 12 hours following the release of Michigan Consumer Sentiment Prel.

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