Based on the last 12 Tankan Large Manufacturers Index events in Japan, we expect USDCHF to trend upwards later today. Based on these past events there is a 75% chance of this. We expect USDCHF to trend upwards 2 hours following the event release at 13 Dec 23:50 if the released value is > -15. A price movement of 8 pips is expected.
Historical events that allowed us to draw this conclusion
31 Mar 23:50 |
30 Sep 23:50 |
14 Dec 23:50 |