Based on the last 12 GDP Growth Rate QoQ Flash events in Euro Area, we expect USDCHF to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect USDCHF to trend downwards 2 hours following the event release at 30 Apr 19:00 if the released value is < -3.5%. A price movement of 15 pips is expected. Historical events that allowed us to draw this conclusion

31 Jan 21:00

31 Jul 19:00

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