Based on the last 12 RBA Interest Rate Decision events in Australia, we expect USDCHF to trend downwards later today. Based on these past events there is a 90% chance of this. We expect USDCHF to trend downwards 2 hours following the event release at 01 Dec 03:30 if the released value is = 0.10%. A price movement of 6 pips is expected.
Historical events that allowed us to draw this conclusion
03 Nov 03:30 |
06 Oct 03:30 |
01 Sep 04:30 |
04 Aug 04:30 |
05 May 04:30 |
19 Mar 03:30 |
04 Feb 03:30 |
03 Dec 03:30 |
05 Nov 03:30 |