Based on the last 12 GDP Growth Rate QoQ events in Switzerland, we expect DX to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect DX to trend downwards 4 hours following the event release at 02 Sep 07:00 if the released value is < 2%. A price movement of 16 pips is expected. Historical events that allowed us to draw this conclusion
03 Jun 05:45 |
28 Feb 06:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
