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Based on past Canada BoC Interest Rate Decision news events there is a 66.67% chance of USDCAD trending downwards. We expect this to happen because the released value is = 2.25%. A price movement of 46 pips is expected.
Historical events that allowed us to draw this conclusion
04 Jun 13:45 |
16 Apr 13:45 |
12 Mar 13:45 |
29 Jan 14:45 |
11 Dec 14:45 |
23 Oct 13:45 |
04 Sep 13:45 |
05 Jun 13:45 |
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