Based on the last 12 ECB Interest Rate Decision events in Euro Area, we expect a $467.96 movement on USDCHF within 4 hours following the event release at 28 Oct 22:45. We expect USDCHF to trend downwards 4 hours following the event release at 28 Oct 22:45 if the released value is = 0%

Historical events that allowed us to draw this conclusion

09 Sep 21:45	10 Jun 21:45
11 Mar 23:45	10 Dec 23:45
10 Sep 21:45	16 Jul 21:45
04 Jun 21:45	30 Apr 21:45

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