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We expect NIY to trend upwards today with a 66.67% chance.

Based on the last 12 BoC Interest Rate Decision events in Canada, we expect NIY to trend upwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is = 2.75%

Historical events that allowed us to draw this conclusion

16 Apr 13:45
12 Mar 13:45
29 Jan 14:45
11 Dec 14:45
23 Oct 13:45
05 Jun 13:45
10 Apr 13:45
24 Jan 14:45

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

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We expect USDCHF to trend upwards today with a 66.67% chance.

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We expect RTY to trend downwards for the next 48 hours.

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