Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect a $444.428 movement on USDCHF within 4 hours following the event release at 31 May 22:00. We expect USDCHF to trend upwards 4 hours following the event release at 31 May 22:00 if the released value is = 2.3%

Historical events that allowed us to draw this conclusion

30 Mar 23:00

07 Jan 00:00

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