 |
We expect a $177.906 movement on USDCHF within 2 hours following the release of GDP Growth Rate QoQ 2nd Est at 18 May 19:00. We expect USDCHF to trend upwards 2 hours following the event release at 18 May 19:00 if the released value is = -0.6%. A price movement of 16 pips is expected.
Historical events that allowed us to draw this conclusion
14 Aug 19:00 |
14 Feb 21:00 |
14 Nov 21:00 |
15 May 19:00 |
14 Feb 21:00 |
14 Nov 21:00 |
15 May 19:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).