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We expect a $16339725 movement on NIY within the next 12 hours.

Based on the last 12 BoC Interest Rate Decision events in Canada, we could see NIY trend upwards right now. Based on historical events there is a 70% chance of this. This may happen because the released value is = 5%

Historical events that allowed us to draw this conclusion

24 Jan 14:45
12 Jul 14:00
08 Mar 15:00
25 Jan 15:00
07 Sep 14:00
13 Apr 14:00
02 Mar 15:00

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

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A final push possible on UK100 as it starts approaching a price line of 7687.0000.

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We expect NZDUSD to trend upwards right now.

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