Based on the last 12 BoC Interest Rate Decision events in Canada, we expect a $250 movement on EURUSD within 2 hours following the event release at 15 Apr 14:00. We expect EURUSD to trend upwards 2 hours following the event release at 15 Apr 14:00 if the released value is = 0.25%
Historical events that allowed us to draw this conclusion
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 |