Based on the last 12 SNB Interest Rate Decison events in Switzerland, we expect a $483.166 movement on USDCAD within 12 hours following the event release at 16 Dec 19:30. We expect USDCAD to trend upwards 12 hours following the event release at 16 Dec 19:30 if the released value is = -0.75%

Historical events that allowed us to draw this conclusion

17 Jun 17:30	25 Mar 19:30
17 Dec 19:30	18 Jun 17:30
19 Mar 19:30	12 Dec 19:30
13 Jun 17:30	21 Mar 19:30

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