Receive the latest alerts via email

We expect C to trend upwards today with a 70% chance.

Based on the last 12 BoC Interest Rate Decision events in Canada, we expect C to trend upwards later today. Based on these past events there is a 70% chance of this. We expect C to trend upwards 2 hours following the event release at 02 Mar 15:00 if the released value is = 0.5%. A price movement of 145,925 pips is expected.

Historical events that allowed us to draw this conclusion

14 Jul 14:00
09 Jun 14:00
21 Apr 14:00
10 Mar 15:00
20 Jan 15:00
09 Sep 14:00

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

Total
0
Shares
Previous Post

Big movement possible on Intel Corporation after a breach of 46.86

Next Post

After experiencing a 2.29% bullish move in the space of 21 days, nobody knows where 10 year US Treasury Note JUNE 2022 is headed.

ARTÍCULOS RELACIONADOS