United States Fed Interest Rate Decision News Event – a possible $2,006.791 movement on USDCAD

Based on the last 12 Fed Interest Rate Decision events in United States, we expect a $2,006.791 movement on USDCAD within 48 hours following the event release at 29 Apr 04:00. We expect USDCAD to trend upwards 48 hours following the event release at 29 Apr 04:00 if the released value is = 0.25%

Historical events that allowed us to draw this conclusion

18 Mar 05:00
28 Jan 06:00
17 Dec 06:00
17 Sep 04:00
30 Jul 04:00
11 Jun 04:00
30 Apr 04:00
30 Jan 06:00
12 Dec 06:00

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