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Based on the last 12 BoJ Interest Rate Decision events in Japan, we expect USDCAD to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect USDCAD to trend upwards 4 hours following the event release at 2022-10-28 03:00 if the released value is = -0.1%. A price movement of 34 pips is expected.
Historical events that allowed us to draw this conclusion
22 Sep 03:00 |
21 Jul 03:00 |
17 Jun 03:00 |
28 Apr 03:00 |
18 Jan 03:00 |
17 Dec 03:00 |
18 Jun 03:00 |
19 Mar 03:00 |
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