Based on the last 12 Retail Sales MoM events in United States, we could expect USDCHF to trend upwards later today. Based on these past events there is a 80% chance of this. We expect USDCHF to trend upwards 2 hours following the event release at 17 May 12:30 if the released value is > 0.9%. A price movement of 17 pips could result.
Historical events that allowed us to draw this conclusion
16 Nov 13:30 |
15 Oct 12:30 |
16 Sep 12:30 |
16 Jul 12:30 |