Based on past Canada BoC Interest Rate Decision news events there is a 75% chance of ES trending downwards. We expect this to happen if the released value is = 0.25%. A price movement of 2,137 pips is expected.
Historical events that allowed us to draw this conclusion
08 Dec 15:00 |
27 Oct 14:00 |
08 Sep 14:00 |
14 Jul 14:00 |
09 Jun 14:00 |
10 Mar 15:00 |
09 Dec 15:00 |
28 Oct 14:00 |
15 Jul 14:00 |