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We may see NIY trend upwards today with a 80% chance.

NIY could trend upwards later today. Based on these past Switzerland KOF Leading Indicators news events there is a 80% chance of this. This could happen only if the released value is > 96.3. The price movement may be as big as 5,000 pips.

Historical events that allowed us to draw this conclusion

29 Apr 07:00
30 Dec 08:00
29 Oct 07:00
30 Sep 07:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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