Based on the last 12 SNB Interest Rate Decison events in Switzerland, we expect a 109 pip movement on UB within 4 hours following the event release at 23 Sep 07:30 UTC. We expect UB to trend upwards 4 hours following the event release at 23 Sep 07:30 UTC if the released value is = -0.75%
Historical events that allowed us to draw this conclusion
17 Jun 07:30 |
25 Mar 08:30 |
17 Dec 08:30 |
18 Jun 07:30 |
19 Mar 08:30 |
12 Dec 08:30 |
19 Sep 07:30 |
21 Mar 08:30 |
13 Dec 08:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).