What to trade around Germany Balance of Trade news event
Based on the last 12 Balance of Trade events in Germany, we expect USDCHF to trend upwards later today. Based on these past events there is a 80% chance of this. We expect USDCHF to trend upwards 48 hours following the event release at 09 Mar 18:00 if the released value is > €12.4B. A price movement of 159 pips…