Based on the last 12 Ivey PMI s.a events in Canada, we expect USDCHF to trend downwards later today. Based on these past events there is a 83.33% chance of this. We expect USDCHF to trend downwards 2 hours following the event release at 05 Mar 15:00 if the released value is > 49. A price movement of 24 pips is expected.
Historical events that allowed us to draw this conclusion
05 Feb 15:00 |
06 Nov 15:00 |
07 Aug 14:00 |
07 Jul 14:00 |
05 Jun 14:00 |