Based on the last 12 RBA Interest Rate Decision events in Australia, we expect a 19 pip movement on USDCAD within 4 hours following the event release at 01 Mar 14:30 GMT+11. We expect USDCAD to trend upwards 4 hours following the event release at 01 Mar 14:30 GMT+11 if the released value is = 0.1%

Historical events that allowed us to draw this conclusion

02 Nov 14:30	05 Oct 14:30
07 Sep 14:30	03 Aug 14:30
04 May 14:30	06 Apr 14:30
02 Mar 14:30	02 Feb 14:30

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