37 pip movement on EURUSD expected

Based on the last 12 KOF Leading Indicators events in Switzerland, we expect EURUSD to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect EURUSD to trend upwards 12 hours following the event release at 2022-10-28 18:00 if the released value is < 93.2. A price movement of 37 pips is expected. Historical events that allowed us to draw this conclusion

30 Aug 17:00
30 May 17:00
30 Mar 18:00
28 Feb 19:00

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