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”).
