Based on the last 12 BoJ Interest Rate Decision events in Japan, we could see USDCAD trend upwards right now. Based on historical events there is a 83.33% chance of this. This may happen because the released value is = -0.1%
Historical events that allowed us to draw this conclusion
22 Sep 03:00 |
28 Jul 03:00 |
28 Apr 04:00 |
10 Mar 03:00 |
20 Dec 03:00 |
28 Oct 03:00 |
22 Sep 03:00 |
21 Jul 03:00 |
17 Jun 03:00 |
28 Apr 03:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
