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We expect a $304.912 movement on USDCHF within 12 hours following the release of BoC Interest Rate Decision at 15 Jul 00:00. We expect USDCHF to trend downwards 12 hours following the event release at 15 Jul 00:00 if the released value is = 0.25%. A price movement of 28 pips is expected.
Historical events that allowed us to draw this conclusion
22 Apr 00:00 |
21 Jan 02:00 |
10 Dec 02:00 |
29 Oct 01:00 |
10 Sep 00:00 |
04 Jun 00:00 |
16 Apr 00:00 |
23 Jan 02:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).