Based on the last 12 GDP Growth Rate QoQ events in Switzerland, we expect SI to trend downwards. Based on these past events there is a 80% chance of this. We expect SI to trend downwards for 12 hours because the released value is > 0.2%. A price movement of 69 pips is expected.
Historical events that allowed us to draw this conclusion
05 Sep 05:45 |
28 May 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”).
