Based on past United States Fed Interest Rate Decision news events there is a 72.73% chance of SM trending upwards. We expect this to happen because the released value is = 4.5%. A price movement of 48 pips is expected.
Historical events that allowed us to draw this conclusion
31 Jul 18:00 |
12 Jun 18:00 |
01 May 18:00 |
20 Mar 18:00 |
13 Dec 19:00 |
01 Nov 18:00 |
26 Jul 18:00 |
14 Jun 18:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
