Based on the last 12 RBA Interest Rate Decision events in Australia, we expect USDCAD to trend upwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is = 0.1%

Historical events that allowed us to draw this conclusion

06 Jul 14:30	04 May 14:30
06 Apr 14:30	02 Mar 14:30
02 Feb 14:30	03 Nov 14:30
06 Oct 14:30	07 Jul 14:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).