Based on the last 12 Fed Interest Rate Decision events in United States, we could expect NIY to trend upwards later today. Based on these past events there is a 75% chance of this. We expect NIY to trend upwards 2 hours following the event release at 15 Jun 18:00 if the released value is = 1.5%. A price movement of 44,500 pips could result.

Historical events that allowed us to draw this conclusion

04 May 18:00

16 Mar 18:00

15 Dec 19:00

03 Nov 18:00

22 Sep 18:00

28 Jul 18:00

16 Jun 18:00

17 Mar 18:00

16 Dec 19:00