Based on the last 12 BoC Interest Rate Decision events in Canada, we expect NZDUSD to trend upwards later today. Based on these past events there is a 81.82% chance of this. We expect NZDUSD to trend upwards 2 hours following the event release at 09 Sep 14:00 if the released value is = 0.25%. A price movement of 24 pips is expected.
Historical events that allowed us to draw this conclusion
03 Jun 14:00 |
15 Apr 14:00 |
30 Oct 14:00 |
04 Sep 14:00 |
10 Jul 14:00 |