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We expect a $0 movement on 6S within 12 hours following the release of BoC Interest Rate Decision.

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”).

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