Italy GDP Growth Rate QoQ Adv News Event – a possible $935.246 movement on USDCHF

Based on the last 12 GDP Growth Rate QoQ Adv events in Italy, we expect a $935.246 movement on USDCHF within 48 hours following the event release at 30 Apr 18:00. We expect USDCHF to trend upwards 48 hours following the event release at 30 Apr 18:00 if the released value is > -0.5%

Historical events that allowed us to draw this conclusion

02 Feb 20:00
30 Oct 20:00
31 Jul 18:00
31 Oct 22:00
30 Apr 20:00

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