Based on the last 12 NAB Business Confidence events in Australia, we expect a 25 pip movement on USDCHF within 2 hours following the event release at 11 Feb 00:30 UTC. We expect USDCHF to trend downwards 2 hours following the event release at 11 Feb 00:30 UTC if the released value is < 0 Historical events that allowed us to draw this conclusion

08 Oct 00:30

10 Sep 01:30