Based on the last 12 BoC Interest Rate Decision events in Canada, we expect LE to trend upwards later today. Based on these past events there is a 72.73% chance of this. This may happen if the released value is = 0.25%
Historical events that allowed us to draw this conclusion
03 Jun 14:00 |
15 Apr 14:00 |
22 Jan 15:00 |
30 Oct 14:00 |
04 Sep 14:00 |
29 May 14:00 |
06 Mar 15:00 |
09 Jan 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
