Retail Sales MoM

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We expect a $1136 movement on USDCHF within 48 hours following the release of Retail Sales MoM at 2023-07-18 12:30. We expect USDCHF to trend upwards 48 hours following the event release at 2023-07-18 12:30 if the released value is < 0.5%. A price movement of 105 pips is expected. Historical events that allowed us to draw this conclusion

16 May 12:30
14 Apr 12:30
15 Mar 12:30
18 Jan 13:30
15 Dec 13:30
17 Aug 12:30

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