Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect a 80 pip movement on USDCHF within 48 hours following the event release at 31 Aug 22:00 GMT+10. We expect USDCHF to trend downwards 48 hours following the event release at 31 Aug 22:00 GMT+10 if the released value is = 0.1%

Historical events that allowed us to draw this conclusion

28 May 22:00
29 Feb 00:00
31 Jan 00:00
31 Oct 00:00

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