Based on the last 12 BoJ Interest Rate Decision events in Japan, we expect USDCHF to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect USDCHF to trend upwards 2 hours following the event release at 18 Dec 03:00 if the released value is = -0.1%. A price movement of 8 pips is expected.
Historical events that allowed us to draw this conclusion
17 Sep 03:00 |
15 Jul 03:00 |
16 Jun 02:45 |
22 May 03:00 |
21 Jan 03:00 |
19 Dec 03:00 |
31 Oct 04:00 |
30 Jul 03:00 |