Based on the last 12 Ifo Business Climate events in Germany, we expect USDCHF to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect USDCHF to trend upwards 4 hours following the event release at 27 Jan 20:00 if the released value is < 97. A price movement of 31 pips is expected. Historical events that allowed us to draw this conclusion
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25 Jan 20:00 |