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We expect a $220 movement on NZDUSD within 4 hours following the event release at 19 Sep 07:30.

Based on the last 12 SNB Interest Rate Decison events in Switzerland, we expect a $220 movement on NZDUSD within 4 hours following the event release at 19 Sep 07:30. We expect NZDUSD to trend downwards 4 hours following the event release at 19 Sep 07:30 if the released value is = -0.75%

Historical events that allowed us to draw this conclusion

13 Jun 07:30
21 Mar 08:30
13 Dec 08:30
15 Mar 08:30
14 Sep 07:30
15 Jun 07:30
16 Mar 08:30
15 Dec 08:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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