Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect a $529.028 movement on USDCHF within the next 4 hours. We expect USDCHF to trend downwards for 4 hours because the released value is > 6.3%
Historical events that allowed us to draw this conclusion
31 Jan 13:00 |
29 Nov 13:00 |
28 Oct 12:00 |
29 Jul 12:00 |
31 May 12:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).