Based on the last 12 Ifo Business Climate events in Germany, we expect USDCHF to trend downwards later today. Based on these past events there is a 83.33% chance of this. This may happen if the released value is > 87.7

Historical events that allowed us to draw this conclusion

18 Dec 09:00

25 Oct 08:00

24 Sep 08:00

24 Jun 08:00

25 Mar 09:00