We expect a $369.311 movement on GF within 4 hours following the release of BoC Interest Rate Decision at 26 Jan 15:00. We expect GF to trend downwards 4 hours following the event release at 26 Jan 15:00 if the released value is = 0.25%. A price movement of 231 pips is expected.
Historical events that allowed us to draw this conclusion
08 Dec 15:00 |
27 Oct 14:00 |
08 Sep 14:00 |
14 Jul 14:00 |
09 Jun 14:00 |
21 Apr 14:00 |
10 Mar 15:00 |
20 Jan 15:00 |
09 Dec 15:00 |
09 Sep 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
