Based on the last 12 SNB Interest Rate Decison events in Switzerland, we expect a $0.108 movement on NG within 2 hours following the event release at 17 Dec 08:30. We expect NG to trend downwards 2 hours following the event release at 17 Dec 08:30 if the released value is = -0.75%
Historical events that allowed us to draw this conclusion
24 Sep 07:30 |
19 Mar 08:30 |
12 Dec 08:30 |
19 Sep 07:30 |
13 Jun 07:30 |
21 Mar 08:30 |
13 Dec 08:30 |
20 Sep 07:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
