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There is a 70% chance of C trending upwards

Based on the last 12 SNB Interest Rate Decison events in Switzerland, we expect a 94550 pip movement on C within 2 hours following the event release at 2022-12-15 08:30. We expect C to trend upwards 2 hours following the event release at 2022-12-15 08:30 if the released value is = 1%

Historical events that allowed us to draw this conclusion

22 Sep 07:30
16 Dec 08:30
23 Sep 07:30
18 Jun 07:30
19 Mar 08:30
12 Dec 08:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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We expect a $550 movement on NZDUSD within 4 hours following the event release at 2022-12-15 08:30.

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