Based on the last 12 Consumer Confidence Flash events in Euro Area, we expect a $259.38 movement on USDCHF within 12 hours following the event release at 22 Jan 02:00. We expect USDCHF to trend upwards 12 hours following the event release at 22 Jan 02:00 if the released value is < -15 Historical events that allowed us to draw this conclusion

23 Oct 01:00	23 Apr 00:00
24 Jan 02:00

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