Based on the last 12 Fed Interest Rate Decision events in United States, we expect a $459.544 movement on USDCAD within 4 hours following the event release at 18 Sep 18:00. We expect USDCAD to trend upwards 4 hours following the event release at 18 Sep 18:00 if the released value is = 2%
Historical events that allowed us to draw this conclusion
31 Jul 18:00 |
01 May 18:00 |
20 Mar 18:00 |
19 Dec 19:00 |
08 Nov 19:00 |
26 Sep 18:00 |
01 Aug 18:00 |
02 May 18:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
