Based on the last 12 BoC Interest Rate Decision events in Canada, we expect a $0 movement on 6E within the next 2 hours. We expect 6E to trend upwards for 2 hours because the released value is = 0.25%
Historical events that allowed us to draw this conclusion
15 Apr 14:00 |
22 Jan 15:00 |
30 Oct 14:00 |
04 Sep 14:00 |
10 Jul 14:00 |
24 Apr 14:00 |
06 Mar 15:00 |
09 Jan 15:00 |
05 Dec 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
