Based on the last 12 BoC Interest Rate Decision events in Canada, we expect 6C to trend upwards later today. Based on these past events there is a 81.82% chance of this. We expect 6C to trend upwards 4 hours following the event release at 28 Oct 14:00 if the released value is = 0.25%. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
09 Sep 14:00 |
15 Jul 14:00 |
03 Jun 14:00 |
15 Apr 14:00 |
04 Dec 15:00 |
04 Sep 14:00 |
10 Jul 14:00 |
29 May 14:00 |
24 Apr 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
