Based on past Switzerland KOF Leading Indicators news events there is a 71.43% chance of C trending upwards. We expect this to happen because the released value is > 119.5. A price movement of 1,762 pips is expected.
Historical events that allowed us to draw this conclusion
30 Mar 07:00 |
26 Feb 08:00 |
30 Dec 08:00 |
30 Sep 07:00 |
30 Jul 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
