Based on the last 12 Consumer Confidence events in Switzerland, we expect a 0 pip movement on 6A within 2 hours following the event release at 04 Nov 08:00 UTC. We expect 6A to trend downwards 2 hours following the event release at 04 Nov 08:00 UTC if the released value is < 4.5 Historical events that allowed us to draw this conclusion
04 May 07:00 |
15 Apr 09:30 |
04 Nov 06:45 |
03 May 05:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
