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Based on the last 12 GDP Growth Rate QoQ events in Switzerland, we expect NZDUSD to trend upwards later today. Based on these past events there is a 75% chance of this. We expect NZDUSD to trend upwards 2 hours following the event release at 02 Sep 17:00 if the released value is > 2%. A price movement of 16 pips is expected.
Historical events that allowed us to draw this conclusion
01 Dec 17:45![]() |
27 Aug 15:45![]() |
03 Mar 17:45![]() |
28 Nov 17:45![]() |
05 Sep 15:45![]() |
06 Sep 15:45![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).