TradersNews 83.33% probability that USDCHF will trend down on Monday 27 Jul at 08:00 AM GMT if the DE Ifo Business Climate number is greater than 89.3.

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  • TradersNews 83.33% probability that USDCHF will trend down on Monday 27 Jul at 08:00 AM GMT if the DE Ifo Business Climate number is greater than 89.3.

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This Monday 27 Jul at 08:00 AM GMT the latest DE Ifo Business Climate number will be released.
If the number is greater than than economists’ consensus there is a 83.33% probability that USDCHF will trend down following the news event.

This probability is based on the last 12 DE Ifo Business Climate events, in which 5 of the last 6 events where the actual number was greater than than the economist consensus resulted in an down trend of USDCHF.

Here are images of the past events:

Wednesday 24 Jun at 08:00 AM GMT:

Monday 25 May at 08:00 AM GMT:

Wednesday 18 Dec at 09:00 AM GMT:

Friday 25 Oct at 08:00 AM GMT:

Tuesday 24 Sep at 08:00 AM GMT:

Disclaimer: Past performance may not be indicative of future performance

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