Based on the last 12 GDP Growth Rate QoQ Adv events in Italy, we expect USDCHF to trend downwards later today. Based on these past events there is a 83.33% chance of this. We expect USDCHF to trend downwards 2 hours following the event release at 02 Feb 09:00 if the released value is > -2.2%. A price movement of 10 pips is expected.

Historical events that allowed us to draw this conclusion

30 Oct 09:00

31 Jul 08:00

30 Apr 10:00

31 Oct 11:00

31 Jul 10:00