Based on the last 12 Philadelphia Fed Manufacturing Index events in United States, we expect a 97 pip movement on USDCHF within 48 hours following the event release at 15 Oct 23:30 GMT+11. We expect USDCHF to trend upwards 48 hours following the event release at 15 Oct 23:30 GMT+11 if the released value is < 14 Historical events that allowed us to draw this conclusion

21 May 22:30	16 Apr 22:30
19 Mar 23:30	20 Dec 00:30

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