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We expect a $706.29 movement on USDCHF within the next 48 hours.

Based on the last 12 Ifo Business Climate events in Germany, we expect a $706.29 movement on USDCHF within the next 48 hours. We expect USDCHF to trend upwards for the next 48 hours because the released value is > 94.7

Historical events that allowed us to draw this conclusion

25 May 08:00
26 Mar 09:00
22 Feb 09:00
18 Dec 09:00

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

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