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We expect a $125 movement on USDCHF within 12 hours following the release of Unemployment Rate.

Based on the last 12 Unemployment Rate events in United Kingdom, we expect a $125 movement on USDCHF within 12 hours following the event release at 2024-11-12 07:00. We expect USDCHF to trend upwards 12 hours following the event release at 2024-11-12 07:00 if the released value is > 4.1%

Historical events that allowed us to draw this conclusion

11 Jun 06:00
16 Apr 06:00
12 Mar 07:00

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

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We expect YM to trend upwards today.

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