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Based on past Canada BoC Interest Rate Decision news events there is a 72.73% chance of USDCHF trending downwards. We expect this to happen if the released value is = 0.25%. A price movement of 45 pips is expected.
Historical events that allowed us to draw this conclusion
21 Jan 02:00![]() |
29 Oct 01:00![]() |
10 Sep 00:00![]() |
04 Jun 00:00![]() |
16 Apr 00:00![]() |
23 Jan 02:00![]() |
31 Oct 01:00![]() |
05 Sep 00:00![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).