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We expect a $989.36 movement on KC within 12 hours following the release of BoC Interest Rate Decision.

We expect a $989.36 movement on KC within 12 hours following the release of BoC Interest Rate Decision at 26 Jan 15:00. We expect KC to trend upwards 12 hours following the event release at 26 Jan 15:00 if the released value is = 0.25%. A price movement of 415 pips is expected.

Historical events that allowed us to draw this conclusion

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
15 Jul 14:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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