We expect EURUSD to trend downwards later today. Based on these past Switzerland SNB Interest Rate Decison news events there is a 75% chance of this. We expect this to happen if the released value is = -0.75%. A price movement of 129 pips is expected.

Historical events that allowed us to draw this conclusion

24 Sep 17:30	18 Jun 17:30
19 Mar 19:30	19 Sep 17:30
13 Jun 17:30	21 Mar 19:30
13 Dec 19:30	15 Mar 19:30
14 Dec 19:30

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