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Based on the last 12 GDP Growth Rate QoQ events in Canada, we expect USDCHF to trend downwards later today. Based on these past events there is a 80% chance of this. We expect USDCHF to trend downwards 4 hours following the event release at 2022-11-29 13:30 if the released value is > 0.4%. A price movement of 44 pips is expected.
Historical events that allowed us to draw this conclusion
30 Nov 13:30 |
02 Mar 13:30 |
29 May 12:30 |
29 Nov 13:30 |
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