Based on the last 12 SNB Interest Rate Decison events in Switzerland, we expect a $550 movement on AUDUSD within 2 hours following the event release at 2023-03-23 08:30. We expect AUDUSD to trend upwards 2 hours following the event release at 2023-03-23 08:30 if the released value is = 1.5%
Historical events that allowed us to draw this conclusion
22 Sep 07:30 |
24 Mar 08:30 |
16 Dec 08:30 |
23 Sep 07:30 |
25 Mar 08:30 |
17 Dec 08:30 |
24 Sep 07:30 |
19 Mar 08:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
