How 6S Behaves During FOMC Weeks (Not Just FOMC Day)
Every beginner obsesses over FOMC day. But 6S Swiss Franc futures behave differently for the entire week leading up to the announcement. Liquidity thins, volatility compresses, and the contract becomes extremely trap-heavy. If you don’t understand this weekly cycle, you’ll get destroyed before Wednesday even arrives.
1. Monday–Tuesday: Liquidity Dries Up and 6S Goes Flat
Early FOMC week is the dead zone. Institutions reduce exposure. Funds stop adding risk. Order books thin out.
In 6S, this creates:
- tight ranges
- garbage intraday structure
- failed breakouts
- low ATR readings
This is the worst time to attempt trend trades in 6S. The contract simply isn’t going to move until the market gets clarity from the Fed.
2. Stop Hunts Become Frequent Before FOMC
Because volume is lower, it takes almost nothing to push price through liquidity. 6S behaves like it’s deliberately hunting stops—because it is.
Common stop-hunt zones:
- previous day highs/lows
- European opens
- low-volume pockets from last week
- round numbers
You’ll see shallow sweeps and instant rejections. This pattern ties directly into your article on 6S liquidity behavior.
3. Wednesday Pre-FOMC: Volatility Fakes Appear
On the morning of FOMC day, 6S may show a sudden burst of movement. Don’t trust it. It almost always fades.
This is positioning—nothing more. No one commits real size before Powell speaks.
4. FOMC Announcement: Violent Two-Sided Moves
When the announcement drops, 6S enters chaos mode:
- wild wicks
- fake direction shifts
- liquidity gaps
- spread widening
If you’re not already experienced, do not touch this phase. It ruins traders hourly.
5. Press Conference: The Real Move Forms
Most traders are shocked to learn this:
The actual 6S trend almost always starts during the press conference, not the announcement.
Powell’s tone sets yields, yields set USD strength, and USD strength sets 6S direction.
Simple macro chain:
Fed tone → yields → USD → CHF → 6S
6. Thursday–Friday: 6S Trends Hard After FOMC
The best 6S trades often happen the day after FOMC. Once the market digests policy direction, 6S prints clean, sustained intraday moves.
Look for:
- VWAP deviations
- strong displacement
- yield-driven continuation
- higher volume than early-week
If you only trade one or two days per FOMC week, trade Thursday or Friday.
Final Takeaway: FOMC Week Has a Script — Respect It or Get Wrecked
6S Swiss Franc futures follow the same playbook every FOMC week: early-week compression, mid-week traps, announcement chaos, press-conference direction, and post-FOMC trending. If you follow this script, you avoid 90% of predictable losses and catch the cleanest 6S moves of the month.