Based on the last 12 BoC Interest Rate Decision events in Canada, we expect EURUSD to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect EURUSD to trend downwards 4 hours following the event release at 2025-04-16 13:45 if the released value is = 2.75%. A price movement of 26 pips is expected.
Historical events that allowed us to draw this conclusion
11 Dec 14:45 |
23 Oct 13:45 |
24 Jul 13:45 |
05 Jun 13:45 |
10 Apr 13:45 |
24 Jan 14:45 |
06 Dec 15:00 |
25 Oct 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
