Based on the last 12 ECB Interest Rate Decision events in Euro Area, we expect a $2212 movement on USDCAD within 48 hours following the event release at 2022-12-15 13:15. We expect USDCAD to trend upwards 48 hours following the event release at 2022-12-15 13:15 if the released value is = 2.5%
Historical events that allowed us to draw this conclusion
27 Oct 12:15 |
09 Jun 11:45 |
14 Apr 11:45 |
03 Feb 12:45 |
16 Dec 12:45 |
28 Oct 11:45 |
22 Jul 11:45 |
10 Jun 11:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
