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We expect a $0 movement on 6C within 48 hours following the event release at 04 Sep 14:00.

Based on the last 12 BoC Interest Rate Decision events in Canada, we expect a $0 movement on 6C within 48 hours following the event release at 04 Sep 14:00. We expect 6C to trend downwards 48 hours following the event release at 04 Sep 14:00 if the released value is = 1.75%

Historical events that allowed us to draw this conclusion

29 May 14:00
24 Apr 14:00
06 Mar 15:00
09 Jan 15:00
24 Oct 14:00
11 Jul 14:00
30 May 14:00
18 Apr 14:00

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

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We expect a $0 movement on GBPUSD within 48 hours following the release of BoC Interest Rate Decision.

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We expect CT to trend downwards right now.

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