Based on the last 12 Interest Rate Decision events in New Zealand, we expect USDCHF to trend upwards later today. Based on these past events there is a 72.73% chance of this. We expect USDCHF to trend upwards 2 hours following the event release at 13 Nov 01:00 if the released value is = 0.75%. A price movement of 20 pips is expected.
Historical events that allowed us to draw this conclusion
25 Sep 02:00 |
26 Jun 02:00 |
27 Mar 01:00 |
07 Nov 20:00 |
08 Aug 21:00 |
27 Jun 21:00 |
09 May 21:00 |
21 Mar 20:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
