We expect EURUSD to trend upwards later today. Based on these past Canada BoC Interest Rate Decision news events there is a 81.82% chance of this. We expect this to happen if the released value is = 0.25%. A price movement of 41 pips is expected.

Historical events that allowed us to draw this conclusion

15 Apr 14:00

22 Jan 15:00

30 Oct 14:00

04 Sep 14:00

10 Jul 14:00

24 Apr 14:00

06 Mar 15:00

09 Jan 15:00

05 Dec 15:00