New Zealand Interest Rate Decision News Event – a possible $624.962 movement on USDCHF

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”).