United States Balance of Trade News Event – a possible $572.947 movement on USDCHF

Based on the last 12 Balance of Trade events in United States, we expect a $572.947 movement on USDCHF within the next 48 hours. We expect USDCHF to trend upwards for 48 hours because the released value is < $-54.9B

Historical events that allowed us to draw this conclusion

02 Nov 12:30
07 Mar 13:30
06 Feb 13:30
05 Jan 13:30
05 Dec 13:30

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