We expect a 81 pip movement on USDCHF within 48 hours following the event release.

Based on the last 12 Unemployment Rate events in Germany, we expect a 81 pip movement on USDCHF within 48 hours following the event release at 29 Nov 08:55 UTC. We expect USDCHF to trend upwards 48 hours following the event release at 29 Nov 08:55 UTC if the released value is = 5%

Historical events that allowed us to draw this conclusion

30 Sep 07:55

29 Aug 07:55

01 Jul 07:55

29 Mar 08:55

01 Mar 08:55

31 Jan 08:55

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