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This Thursday 24 Jun at 08:00 AM GMT the latest DE Ifo Business Climate number will be released.
If the number is greater than than economists’ consensus there is a 75% probability that USDCHF will trend up following the news event.
This probability is based on the last 12 DE Ifo Business Climate events, in which 6 of the last 8 events where the actual number was greater than than the economist consensus resulted in an up trend of USDCHF.
Here are images of the past events:
Tuesday 25 May at 08:00 AM GMT:
Friday 26 Mar at 09:00 AM GMT:
Tuesday 24 Nov at 09:00 AM GMT:
Tuesday 25 Aug at 08:00 AM GMT:
Monday 27 Jul at 08:00 AM GMT:
Wednesday 24 Jun at 08:00 AM GMT:
Disclaimer: Past performance may not be indicative of future performance