Based on the last 12 Fed Interest Rate Decision events in United States, we expect GC to trend upwards later today. Based on these past events there is a 72.73% chance of this. We expect GC to trend upwards 2 hours following the event release at 2023-03-22 18:00 if the released value is = 5.0%. A price movement of 2680 pips is expected.
Historical events that allowed us to draw this conclusion
01 Feb 19:00 |
14 Dec 19:00 |
21 Sep 18:00 |
27 Jul 18:00 |
04 May 18:00 |
16 Mar 18:00 |
15 Dec 19:00 |
03 Nov 18:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
