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USDCHF could trend downwards later today. Based on these past Germany Unemployment Rate news events there is a 66.67% chance of this. This could happen only if the released value is = 5%. The price movement may be as big as 71 pips.
Historical events that allowed us to draw this conclusion
31 May 17:55![]() |
31 Mar 18:55![]() |
30 Nov 19:55![]() |
28 Oct 18:55![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).