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We expect 6C to trend upwards today.

Based on the last 12 SNB Interest Rate Decison events in Switzerland, we expect 6C to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect 6C to trend upwards 2 hours following the event release at 25 Mar 08:30 if the released value is = -0.75%. A price movement of 0 pips is expected.

Historical events that allowed us to draw this conclusion

17 Dec 08:30
24 Sep 07:30
18 Jun 07:30
19 Sep 07:30
13 Jun 07:30
21 Mar 08:30
13 Dec 08:30
20 Sep 07:30

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

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