Are you on the right side of Switzerland SNB Interest Rate Decison news event?

Based on the last 12 SNB Interest Rate Decison events in Switzerland, we expect USDCHF to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect USDCHF to trend downwards 48 hours following the event release at 13 Dec 08:30 if the released value is = -0.75%. A price movement of 35 pips is expected.

Historical events that allowed us to draw this conclusion

20 Sep 08:30
21 Jun 08:30
14 Sep 08:30
16 Mar 08:30
16 Jun 08:30
17 Mar 08:30
10 Dec 08:30

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

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