Based on the last 12 GDP Growth Rate YoY 2nd Est events in Euro Area, we expect USDCHF to trend upwards later today. Based on these past events there is a 66.67% chance of this. This will happen if the released value is = 1.1%
Historical events that allowed us to draw this conclusion
15 May 09:00 |
14 Feb 10:00 |
14 Nov 10:00 |
15 May 09:00 |
15 Nov 10:00 |
12 Aug 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).