Want to know why USDCHF is going up today?
Based on the last 12 Balance of Trade events in DE, we expect a $209.46 movement on USDCHF within 4 hours following the event release at 08 Nov 07:00.
We expect USDCHF to trend up 4 hours following the event release at 08 Nov 07:00 if the released value is > € 21.8B
Historical events that allowed us to draw this conclusion
|08 Jun 06:00
|08 May 06:00
|09 Jan 07:00
|09 Nov 07:00
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)