USDCAD may trend downwards from 16 Dec 08:30

We expect USDCAD to trend downwards later today. Based on these past Switzerland SNB Interest Rate Decison news events there is a 72.73% chance of this. We expect this to happen if the released value is = -0.75%. A price movement of 37 pips is expected.

Historical events that allowed us to draw this conclusion

23 Sep 07:30
25 Mar 08:30
17 Dec 08:30
24 Sep 07:30
18 Jun 07:30
19 Sep 07:30
13 Jun 07:30
21 Mar 08:30