We expect a $0 movement on 6A within 2 hours following the release of BoC Interest Rate Decision at 09 Dec 15:00. We expect 6A to trend upwards 2 hours following the event release at 09 Dec 15:00 if the released value is = 0.25%. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
28 Oct 14:00 |
09 Sep 14:00 |
03 Jun 14:00 |
15 Apr 14:00 |
04 Dec 15:00 |
30 Oct 14:00 |
04 Sep 14:00 |
10 Jul 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
