Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect a 7 pip movement on USDCHF within 2 hours following the event release at 20 May 06:00 UTC. We expect USDCHF to trend downwards 2 hours following the event release at 20 May 06:00 UTC if the released value is = 0.9%

Historical events that allowed us to draw this conclusion

22 Apr 06:00

25 Mar 07:00

19 Jun 08:30