Based on the last 12 GDP Growth Rate QoQ events in Switzerland, 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 4 hours following the event release at 03 Mar 17:45 if the released value is > 0.2%. A price movement of 27 pips is expected.

Historical events that allowed us to draw this conclusion

28 Nov 17:45	05 Sep 15:45
28 May 15:45	06 Sep 15:45
31 May 15:45

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