We expect a $1293 movement on USDCHF within 4 hours following the release of BoE Interest Rate Decision at 2022-12-15 12:00. We expect USDCHF to trend downwards 4 hours following the event release at 2022-12-15 12:00 if the released value is = 3.5%. A price movement of 123 pips is expected.
Historical events that allowed us to draw this conclusion
04 Aug 11:00 |
16 Jun 11:00 |
17 Mar 12:00 |
03 Feb 12:00 |
04 Nov 12:00 |
23 Sep 11:00 |
24 Jun 11:00 |
06 May 11:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).