Based on the last 12 SNB Interest Rate Decison events in Switzerland, a $550 movement could occur on NZDUSD within 4 hours following the event release at 16 Jun 17:30. We expect NZDUSD to trend upwards 4 hours following the event release at 16 Jun 17:30 if the released value is = -0.75%

Historical events that allowed us to draw this conclusion

24 Mar 19:30	16 Dec 19:30
23 Sep 17:30	25 Mar 19:30
17 Dec 19:30	24 Sep 17:30
19 Mar 19:30	12 Dec 19:30

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