 |
Based on the last 12 BoJ Interest Rate Decision events in Japan, we expect a 79 pip movement on USDCAD within 12 hours following the event release at 28 Oct 14:00 GMT+11. We expect USDCAD to trend upwards 12 hours following the event release at 28 Oct 14:00 GMT+11 if the released value is = -0.1%
Historical events that allowed us to draw this conclusion
16 Jul 13:00 |
18 Jun 13:00 |
27 Apr 13:00 |
19 Mar 14:00 |
21 Jan 14:00 |
18 Dec 14:45 |
29 Oct 14:00 |
16 Jun 12:45 |
22 May 13:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).