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This Monday 27 Jul at 08:00 AM GMT the latest DE Ifo Business Climate number will be released.
If the number is less than than economists’ consensus there is a 80% 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 3 of the last 5 events where the actual number was less than than the economist consensus resulted in an up trend of USDCHF.
Here are images of the past events:
Wednesday 25 Mar at 09:00 AM GMT:
Monday 26 Aug at 08:00 AM GMT:
Thursday 25 Jul at 08:00 AM GMT:
Disclaimer: Past performance may not be indicative of future performance