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There is a 66.67% chance of KC trending upwards

Based on the last 12 BoC Interest Rate Decision events in Canada, KC could experience an upwards trend. Based on these past events there is a 66.67% chance of this, and the trend could last 2 hours because the released value is = 2.75%.

Historical events that allowed us to draw this conclusion

29 Jan 14:45
11 Dec 14:45
23 Oct 13:45
04 Sep 13:45
05 Jun 13:45
10 Apr 13:45
06 Mar 14:45
06 Sep 14:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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