Based on the last 12 BoC Interest Rate Decision events in Canada, we expect a $205.683 movement on USDCHF within 4 hours following the event release at 09 Dec 02:00. We expect USDCHF to trend downwards 4 hours following the event release at 09 Dec 02:00 if the released value is = 0.25%
Historical events that allowed us to draw this conclusion
28 Oct 01:00 |
09 Sep 00:00 |
15 Jul 00:00 |
22 Apr 00:00 |
21 Jan 02:00 |
29 Oct 01:00 |
10 Sep 00:00 |
04 Jun 00:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).