Based on the last 12 BoC Interest Rate Decision events in Canada, we could see UB trend downwards right now. Based on historical events there is a 66.67% chance of this. This may happen because the released value is = 5%
Historical events that allowed us to draw this conclusion
24 Jan 14:45 |
25 Oct 14:00 |
06 Sep 14:00 |
08 Mar 15:00 |
25 Jan 15:00 |
07 Dec 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
