Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect USDCHF to trend downwards right now. Based on these past events there is a 75% chance of this. We expect USDCHF to trend downwards for the next 4 hours because the released value is > 4.3%. A price movement of 67 pips is expected.

Historical events that allowed us to draw this conclusion

30 Nov 00:00	28 Oct 23:00
29 Jul 22:00	31 May 22:00
02 Mar 00:00	29 Jan 00:00

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