We expect a $589 movement on USDCHF within 4 hours following the release of Inflation Rate YoY Prel at 2022-08-30 12:00. We expect USDCHF to trend downwards 4 hours following the event release at 2022-08-30 12:00 if the released value is > 7.8%. A price movement of 56 pips is expected.
Historical events that allowed us to draw this conclusion
28 Jul 12:00 |
30 May 12:00 |
28 Apr 12:00 |
30 Mar 12:00 |
31 Jan 13:00 |
29 Nov 13:00 |
28 Oct 12:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).