Want to know why USDCHF is going downwards today?

We expect a $746 movement on USDCHF within 12 hours following the release of Inflation Rate YoY at 2023-02-15 18:00. We expect USDCHF to trend downwards 12 hours following the event release at 2023-02-15 18:00 if the released value is < 10.3%. A price movement of 69 pips is expected. Historical events that allowed us to draw this conclusion

14 Dec 18:00
18 May 16:00

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