We expect a $414 movement on USDCAD within 2 hours following the release of ECB Interest Rate Decision at 2022-09-08 12:15. We expect USDCAD to trend upwards 2 hours following the event release at 2022-09-08 12:15 if the released value is = 1.25%. A price movement of 53 pips is expected.
Historical events that allowed us to draw this conclusion
09 Jun 11:45 |
14 Apr 11:45 |
16 Dec 12:45 |
28 Oct 11:45 |
09 Sep 11:45 |
22 Jul 11:45 |
22 Apr 11:45 |
11 Mar 12:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
