Based on the last 12 SNB Interest Rate Decison events in Switzerland, we expect USDCAD to trend upwards right now. Based on these past events there is a 66.67% chance of this. This may happen because the released value is = -0.75%

Historical events that allowed us to draw this conclusion

19 Mar 19:30	12 Dec 19:30
21 Mar 19:30	13 Dec 19:30
21 Jun 17:30	15 Mar 19:30
14 Sep 17:30

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