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Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect USDCHF to trend upwards later today. Based on these past events there is a 87.5% chance of this. This may happen if the released value is > 2.2%
Historical events that allowed us to draw this conclusion
16 Jun 16:00 |
19 May 16:00 |
17 Feb 18:00 |
20 Jan 18:00 |
16 Sep 16:00 |
19 Aug 16:00 |
15 Jul 16:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).