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We expect CC to trend upwards today.

Based on the last 12 Fed Interest Rate Decision events in United States, we expect CC to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect CC to trend upwards 12 hours following the event release at 16 Dec 19:00 if the released value is = 0.25%. A price movement of 7,000 pips is expected.

Historical events that allowed us to draw this conclusion

05 Nov 19:00
16 Sep 18:00
29 Jul 18:00
10 Jun 18:00
29 Apr 18:00
29 Jan 19:00
11 Dec 19:00
30 Oct 18:00
18 Sep 18:00
31 Jul 18:00
19 Jun 18:00
01 May 18:00

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

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