Based on the last 12 Balance of Trade events in Australia, we expect a $129 movement on USDCHF within 4 hours following the event release at 2023-01-12 00:30. We expect USDCHF to trend upwards 4 hours following the event release at 2023-01-12 00:30 if the released value is > A$10.5B
Historical events that allowed us to draw this conclusion
08 Dec 00:30 |
04 Aug 01:30 |
02 Jun 01:30 |
05 May 01:30 |
03 Mar 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
