Based on the last 12 Fed Interest Rate Decision events in United States, we expect a 0 pip movement on BP for the next 12 hours. We expect BP to trend upwards for 12 hours because the released value is = 0.25%
Historical events that allowed us to draw this conclusion
29 Apr 18:00 |
11 Dec 19:00 |
30 Oct 18:00 |
18 Sep 18:00 |
19 Jun 18:00 |
20 Mar 18:00 |
30 Jan 19:00 |
19 Dec 19:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
