We expect a $0 movement on 6S within 12 hours following the release of BoC Interest Rate Decision at 14 Jul 14:00. We expect 6S to trend upwards 12 hours following the event release at 14 Jul 14:00 if the released value is = 0.25%. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
21 Apr 14:00 |
20 Jan 15:00 |
09 Dec 15:00 |
28 Oct 14:00 |
09 Sep 14:00 |
03 Jun 14:00 |
15 Apr 14:00 |
22 Jan 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
