Based on the last 12 Unemployment Rate events in Euro Area, we expect USDCHF to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect USDCHF to trend upwards 2 hours following the event release at 01 Apr 09:00 if the released value is = 7.4%. A price movement of 11 pips is expected.
Historical events that allowed us to draw this conclusion
03 Mar 10:00 |
29 Nov 10:00 |
30 Aug 09:00 |
01 Apr 09:00 |