Based on past Switzerland SNB Interest Rate Decison news events there is a 66.67% chance of ES trending downwards. We expect this to happen if the released value is = -0.75%. A price movement of 7,550 pips is expected.
Historical events that allowed us to draw this conclusion
17 Dec 08:30 |
18 Jun 07:30 |
19 Mar 08:30 |
12 Dec 08:30 |
21 Mar 08:30 |
13 Dec 08:30 |
21 Jun 07:30 |
15 Mar 08:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
