Based on the last 12 BoC Interest Rate Decision events in Canada, we could see a $6838 movement on S within the next 2 hours. S could trend upwards for the next 2 hours because the released value is = 3%
Historical events that allowed us to draw this conclusion
11 Dec 14:45 |
23 Oct 13:45 |
04 Sep 13:45 |
24 Jul 13:45 |
05 Jun 13:45 |
06 Mar 14:45 |
24 Jan 14:45 |
25 Oct 14:00 |
12 Jul 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
