Based on the last 12 BoC Interest Rate Decision events in Canada, we expect a 174 pip movement on GF within 4 hours following the event release at 2022-12-07 15:00. We expect GF to trend downwards 4 hours following the event release at 2022-12-07 15:00 if the released value is = 4.25%
Historical events that allowed us to draw this conclusion
07 Sep 14:00 |
13 Apr 14:00 |
26 Jan 15:00 |
08 Dec 15:00 |
27 Oct 14:00 |
08 Sep 14:00 |
14 Jul 14:00 |
09 Jun 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
