Based on the last 12 BoC Interest Rate Decision events in Canada, we expect a 78 pip movement on NZDUSD within 48 hours following the event release at 23 Jan 02:00 GMT+11. We expect NZDUSD to trend upwards 48 hours following the event release at 23 Jan 02:00 GMT+11 if the released value is = 1.75%

Historical events that allowed us to draw this conclusion

05 Dec 02:00
31 Oct 01:00
05 Sep 00:00
11 Jul 00:00
30 May 00:00
25 Apr 00:00
07 Mar 02:00
10 Jan 02:00