Based on the last 12 Balance of Trade events in Germany, we expect USDCHF to trend upwards later today. Based on these past events there is a 83.33% chance of this. We expect USDCHF to trend upwards 2 hours following the event release at 09 Feb 07:00 if the released value is > €16.2B. A price movement of 19 pips is expected.

Historical events that allowed us to draw this conclusion

09 Nov 07:00

07 Aug 06:00

08 May 06:00

09 Mar 07:00

07 Feb 07:00