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On Event

13 pip movement on USDCHF expected

Based on the last 12 Consumer Confidence events in Japan, 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 2023-05-31 05:00 if the released value is < 36.1. A price movement of 13 pips is expected. Historical events that allowed us to draw this conclusion

02 Mar 05:00
31 Oct 05:00
30 Sep 05:00
29 Jun 05:00