Japan GDP Growth Rate QoQ Prel News Event – a $65.509 opportunity on USDCHF

We expect a $65.509 movement on USDCHF within 2 hours following the release of GDP Growth Rate QoQ Prel at 15 Aug 23:50. We expect USDCHF to trend downwards 2 hours following the event release at 15 Aug 23:50 if the released value is > 0.2%. A price movement of 6 pips is expected.

Historical events that allowed us to draw this conclusion

14 Feb 23:50
15 Nov 23:50
17 May 23:50
08 Aug 23:50
09 Aug 23:50