Based on the last 12 GDP Growth Rate YoY Flash events in Germany, we expect USDCHF to trend downwards later today. Based on these past events there is a 71.43% chance of this. We expect USDCHF to trend downwards 2 hours following the event release at 14 Nov 09:00 if the released value is < 2.3%. A price movement of 15 pips is expected.
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