Based on the last 12 Durable Goods Orders MoM events in United States, we expect a 32 pip movement on USDCHF within 2 hours following the event release at 25 Jun 12:30 UTC. We expect USDCHF to trend downwards 2 hours following the event release at 25 Jun 12:30 UTC if the released value is > 10.9%
Historical events that allowed us to draw this conclusion
28 May 12:30 |
25 Mar 12:30 |
27 Feb 13:30 |
27 Sep 12:30 |
26 Aug 12:30 |
25 Jul 12:30 |