We expect SI to trend downwards later today. Based on these past Switzerland GDP Growth Rate QoQ news events there is a 71.43% chance of this. We expect this to happen if the released value is > -2%. A price movement of 141 pips is expected.
Historical events that allowed us to draw this conclusion
28 Nov 06:45 |
05 Sep 05:45 |
28 May 05:45 |
06 Sep 05:45 |
31 May 05:45 |
30 Nov 06:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
