Based on the last 12 Interest Rate Decision events in New Zealand, we expect a $624.962 movement on USDCHF within 48 hours following the event release at 06 Oct 12:00. We expect USDCHF to trend upwards 48 hours following the event release at 06 Oct 12:00 if the released value is = 0.5%
Historical events that allowed us to draw this conclusion
14 Jul 12:00 |
26 May 12:00 |
14 Apr 12:00 |
11 Nov 12:00 |
23 Sep 12:00 |
24 Jun 12:00 |
13 May 12:00 |
12 Feb 12:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).