Canada BoC Interest Rate Decision News Event – a possible $205.683 movement on USDCHF

Based on the last 12 BoC Interest Rate Decision events in Canada, we expect a $205.683 movement on USDCHF within 4 hours following the event release at 09 Dec 02:00. We expect USDCHF to trend downwards 4 hours following the event release at 09 Dec 02:00 if the released value is = 0.25%

Historical events that allowed us to draw this conclusion

28 Oct 01:00
09 Sep 00:00
15 Jul 00:00
22 Apr 00:00
21 Jan 02:00
29 Oct 01:00
10 Sep 00:00
04 Jun 00:00

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