We expect USDCHF to trend upwards later today. Based on these past Canada Ivey PMI s.a news events there is a 71.43% chance of this. We expect this to happen if the released value is > 50. A price movement of 15 pips is expected.

Historical events that allowed us to draw this conclusion

07 Dec 15:00

07 Oct 14:00

08 Sep 14:00

07 Jul 14:00

05 Mar 15:00