Based on the last 12 GDP Growth Rate QoQ events in Switzerland, we expect CT to trend upwards right now. Based on these past events there is a 75% chance of this. We expect CT to trend upwards for the next 12 hours because the released value is < -2%. A price movement of 225 pips is expected. Historical events that allowed us to draw this conclusion
28 Feb 06:45 |
05 Sep 05:45 |
01 Jun 05:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).