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We expect a $1.999 movement on FF within 4 hours following the release of BoC Interest Rate Decision.

We expect a $1.999 movement on FF within 4 hours following the release of BoC Interest Rate Decision at 15 Apr 14:00. We expect FF to trend upwards 4 hours following the event release at 15 Apr 14:00 if the released value is = 0.25%. A price movement of 2 pips is expected.

Historical events that allowed us to draw this conclusion

22 Jan 15:00
04 Dec 15:00
30 Oct 14:00
10 Jul 14:00
29 May 14:00
24 Apr 14:00
06 Mar 15:00
09 Jan 15:00
05 Dec 15:00
24 Oct 14:00

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

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