Based on past Euro Area GDP Growth Rate QoQ 2nd Est news events there is a 66.67% chance of USDCHF trending upwards. We expect this to happen because the released value is = 0.7%. A price movement of 11 pips is expected.

Historical events that allowed us to draw this conclusion

16 Nov 10:00

17 Aug 09:00

14 Aug 09:00

15 May 09:00

14 Feb 10:00

14 Nov 10:00