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We expect a $315 movement on GF within 4 hours following the release of BoC Interest Rate Decision.

Based on the last 12 BoC Interest Rate Decision events in Canada, we expect a 174 pip movement on GF within 4 hours following the event release at 2022-12-07 15:00. We expect GF to trend downwards 4 hours following the event release at 2022-12-07 15:00 if the released value is = 4.25%

Historical events that allowed us to draw this conclusion

07 Sep 14:00
13 Apr 14:00
26 Jan 15:00
08 Dec 15:00
27 Oct 14:00
08 Sep 14:00
14 Jul 14:00
09 Jun 14:00

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

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Esperamos que el CC adopte hoy una tendencia downwards.

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Esperamos un movimiento de 138 pips en el GBPUSD dentro de unas 48 horas posteriores a la publicación del evento.

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