Italy GDP Growth Rate QoQ Adv News Event – a $118.126 opportunity on USDCHF

We expect a $118.126 movement on USDCHF within 2 hours following the release of GDP Growth Rate QoQ Adv at 31 Jan 09:00. We expect USDCHF to trend downwards 2 hours following the event release at 31 Jan 09:00 if the released value is > 0.5%. A price movement of 11 pips is expected.

Historical events that allowed us to draw this conclusion

30 Jul 08:00
30 Apr 08:00
30 Oct 09:00
31 Jul 08:00
30 Apr 10:00
31 Oct 11:00
31 Jul 10:00