Euro Area GDP Growth Rate QoQ Flash News Event – a $393.53 opportunity on USDCHF

We expect a $393.53 movement on USDCHF within 12 hours following the release of GDP Growth Rate QoQ Flash at 30 Oct 21:00. We expect USDCHF to trend upwards 12 hours following the event release at 30 Oct 21:00 if the released value is = 9.4%. A price movement of 36 pips is expected.

Historical events that allowed us to draw this conclusion

31 Jul 19:00
31 Jan 21:00
02 May 19:00
30 Jan 21:00

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