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We expect 6C to trend downwards today with a 75% chance.

We expect 6C to trend downwards later today. Based on these past Switzerland SNB Interest Rate Decison news events there is a 75% chance of this. We expect this to happen if the released value is = -0.75%. A price movement of 0 pips is expected.

Historical events that allowed us to draw this conclusion

19 Sep 07:30
13 Jun 07:30
21 Mar 08:30
13 Dec 08:30
20 Sep 07:30
15 Mar 08:30
14 Sep 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”).

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