 |
Based on the last 12 BoE Interest Rate Decision events in United Kingdom, we expect a 98 pip movement on USDCHF within 12 hours following the event release at 07 May 16:00 GMT+10. We expect USDCHF to trend downwards 12 hours following the event release at 07 May 16:00 GMT+10 if the released value is = 0.1%
Historical events that allowed us to draw this conclusion
26 Mar 23:00 |
30 Jan 23:00 |
19 Dec 23:00 |
01 Aug 21:00 |
20 Jun 21:00 |
02 May 21:00 |
21 Mar 23:00 |
20 Dec 23:00 |
01 Nov 23:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).