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We expect SB to trend upwards today.

Based on the last 12 Fed Interest Rate Decision events in United States, we expect SB to trend upwards later today. Based on these past events there is a 72.73% chance of this. We expect SB to trend upwards 2 hours following the event release at 16 Jun 18:00 if the released value is = 0.25%. A price movement of 25 pips is expected.

Historical events that allowed us to draw this conclusion

28 Apr 18:00
17 Mar 18:00
16 Dec 19:00
16 Sep 18:00
29 Apr 18:00
29 Jan 19:00

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

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