We expect a $86.815 movement on USDCHF within 2 hours following the release of Balance of Trade at 20 Jul 23:50. We expect USDCHF to trend upwards 2 hours following the event release at 20 Jul 23:50 if the released value is > ¥460B. A price movement of 8 pips is expected.
Historical events that allowed us to draw this conclusion
18 Apr 23:50 |
17 Nov 23:50 |
15 Sep 23:50 |
18 Aug 23:50 |