Based on the last 12 Philadelphia Fed Manufacturing Index events in United States, we expect a $186.158 movement on USDCHF within 2 hours following the event release at 20 Nov 00:30. We expect USDCHF to trend upwards 2 hours following the event release at 20 Nov 00:30 if the released value is > 22

Historical events that allowed us to draw this conclusion

15 Oct 23:30	18 Jun 22:30
17 Jan 00:30	22 Nov 00:30

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