We expect a $0.049 movement on RB within 12 hours following the release of Fed Interest Rate Decision at 18 Sep 18:00. We expect RB to trend downwards 12 hours following the event release at 18 Sep 18:00 if the released value is = 2%. A price movement of 3 pips is expected.
Historical events that allowed us to draw this conclusion
31 Jul 18:00 |
01 May 18:00 |
20 Mar 18:00 |
19 Dec 19:00 |
08 Nov 19:00 |
13 Jun 18:00 |
02 May 18:00 |
21 Mar 18:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
