We expect a $284.063 movement on USDCHF within 2 hours following the release of Balance of Trade at 09 Jul 06:00. We expect USDCHF to trend downwards 2 hours following the event release at 09 Jul 06:00 if the released value is > £-1.4B. A price movement of 26 pips is expected.

Historical events that allowed us to draw this conclusion

11 Jun 06:00

12 May 06:00

12 Nov 07:00

09 Oct 06:00

12 Aug 06:00

14 Jul 06:00