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We expect a $0 movement on 6E within the next 2 hours.

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”).

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We expect RTY to trend downwards with a 71.43% chance.

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We expect a $313.548 movement on LE within 48 hours following the event release at 04 Jun 01:30.

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