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We expect a $494.65 movement on USDCHF within 12 hours following the event release at 24 Sep 08:00.

Based on the last 12 Ifo Business Climate events in Germany, we expect a $494.65 movement on USDCHF within 12 hours following the event release at 24 Sep 08:00. We expect USDCHF to trend upwards 12 hours following the event release at 24 Sep 08:00 if the released value is < 94.4 Historical events that allowed us to draw this conclusion

26 Aug 08:00
25 Jul 08:00
24 Apr 08:00
22 Feb 09:00
18 Dec 09:00
26 Nov 09:00
25 Oct 08:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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We expect a $0 movement on RU within 4 hours following the event release at 24 Sep 08:00.

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GBP/JPY Target Level: 133.8900

GBP/JPY Target Level: 133.8900

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