Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect USDCHF to trend upwards right now. Based on these past events there is a 66.67% chance of this. We expect USDCHF to trend upwards for the next 4 hours because the released value is = 1.7%. A price movement of 42 pips is expected.

Historical events that allowed us to draw this conclusion

07 Jan 00:00

30 Mar 23:00

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