Based on the last 12 Markit Manufacturing PMI Flash events in Germany, we expect USDCHF to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect USDCHF to trend upwards 2 hours following the event release at 23 Apr 07:30 if the released value is < 65.8. A price movement of 6 pips is expected. Historical events that allowed us to draw this conclusion
21 May 07:30 |
23 Apr 07:30 |