Euro Area ECB Interest Rate Decision News Event – a $506.74 opportunity on USDCHF

We expect a $506.74 movement on USDCHF within 4 hours following the release of ECB Interest Rate Decision at 10 Mar 23:45. We expect USDCHF to trend downwards 4 hours following the event release at 10 Mar 23:45 if the released value is = 0%. A price movement of 47 pips is expected.

Historical events that allowed us to draw this conclusion

03 Feb 23:45
16 Dec 23:45
28 Oct 22:45
09 Sep 21:45
22 Jul 21:45
10 Jun 21:45
11 Mar 23:45
10 Dec 23:45
10 Sep 21:45

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