Based on the last 12 Unemployment Rate events in Euro Area, we expect a $449.774 movement on USDCHF within 4 hours following the event release at 30 Sep 19:00. We expect USDCHF to trend downwards 4 hours following the event release at 30 Sep 19:00 if the released value is = 7.5%
Historical events that allowed us to draw this conclusion
01 Sep 19:00 |
02 Dec 21:00 |
30 Oct 21:00 |
01 Oct 19:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).