We expect a $11,444.72 movement on ZW within 12 hours following the release of BoC Interest Rate Decision at 21 Apr 14:00. We expect ZW to trend upwards 12 hours following the event release at 21 Apr 14:00 if the released value is = 0.25%. A price movement of 1,712 pips is expected.
Historical events that allowed us to draw this conclusion
10 Mar 15:00 |
20 Jan 15:00 |
09 Dec 15:00 |
28 Oct 14:00 |
15 Jul 14:00 |
03 Jun 14:00 |
15 Apr 14:00 |
04 Dec 15:00 |
30 Oct 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
