We expect a $55.722 movement on USDCHF within 2 hours following the release of GfK Consumer Confidence at 20 May 23:01. We expect USDCHF to trend upwards 2 hours following the event release at 20 May 23:01 if the released value is > -12. A price movement of 5 pips is expected.

Historical events that allowed us to draw this conclusion

19 Mar 00:01

19 Feb 00:01

22 Jan 00:01

24 Sep 23:01

02 Jul 23:01

21 May 23:01