Based on the last 12 BoC Interest Rate Decision events in Canada, we expect 6E to trend upwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is = 0.25%
Historical events that allowed us to draw this conclusion
08 Sep 14:00 |
14 Jul 14:00 |
21 Apr 14:00 |
10 Mar 15:00 |
20 Jan 15:00 |
28 Oct 14:00 |
09 Sep 14:00 |
03 Jun 14:00 |
15 Apr 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
