Based on past United States Fed Interest Rate Decision news events there is a 66.67% chance of DX trending downwards. We expect this to happen if the released value is = 0.25%. A price movement of 97 pips is expected.
Historical events that allowed us to draw this conclusion
29 Apr 18:00 |
29 Jan 19:00 |
11 Dec 19:00 |
30 Oct 18:00 |
31 Jul 18:00 |
19 Jun 18:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
