We expect a $439.641 movement on USDCHF within 48 hours following the release of Balance of Trade at 11 Feb 20:30. We expect USDCHF to trend downwards 48 hours following the event release at 11 Feb 20:30 if the released value is < £-2.6B. A price movement of 43 pips is expected. Historical events that allowed us to draw this conclusion
10 Dec 20:30 |
11 Nov 20:30 |
10 May 18:30 |
12 Mar 20:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).