Trade with an edge around todays Canada BoC Interest Rate Decision news event

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”).