Are you on the right side of Switzerland GDP Growth Rate QoQ news event?
Based on the last 12 GDP Growth Rate QoQ events in Switzerland, we expect USDJPY to trend upwards later today. Based on these past events there is a 75% chance of this. We expect USDJPY to trend upwards 2 hours following the event release at 27 Aug 15:45 if the released value is < -8.6%. A price movement of 30 pips is expected. Historical events that allowed us to draw this conclusion
|03 Jun 15:45
||29 Nov 17:45
|05 Sep 15:45
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).