Want to know why USDCAD is going downwards today?

Based on the last 12 Fed Interest Rate Decision events in United States, we expect a $492.162 movement on USDCAD within 2 hours following the event release at 27 Jan 06:00. We expect USDCAD to trend downwards 2 hours following the event release at 27 Jan 06:00 if the released value is = 0.25%

Historical events that allowed us to draw this conclusion

16 Dec 06:00
04 Nov 05:00
29 Jul 04:00
29 Apr 04:00
18 Mar 05:00
17 Dec 06:00
06 Nov 06:00
30 Jul 04:00

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