Based on the last 12 Deposit Facilty Rate events in Euro Area, we could see a 84 pip movement on USDCHF for the next 2 hours. USDCHF could trend upwards for 2 hours because the released value is = 3.75%
Historical events that allowed us to draw this conclusion
11 Apr 12:15 |
07 Mar 13:15 |
25 Jan 13:15 |
26 Oct 12:15 |
27 Jul 12:15 |
04 May 12:15 |
16 Mar 13:15 |
02 Feb 13:15 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).