Based on the last 12 GDP Growth Rate QoQ events in Switzerland, USDJPY could trend upwards later today. Based on these past events there is a 71.43% chance of this. If the released value is > 0.3% we could see USDJPY trend upwards 4 hours following the event release at 31 May 17:00.

Historical events that allowed us to draw this conclusion

26 Feb 19:00	01 Dec 17:45
27 Aug 15:45	03 Mar 17:45
05 Sep 15:45

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