We expect a $1.999 movement on FF within 4 hours following the release of BoC Interest Rate Decision at 15 Apr 14:00. We expect FF to trend upwards 4 hours following the event release at 15 Apr 14:00 if the released value is = 0.25%. A price movement of 2 pips is expected.
Historical events that allowed us to draw this conclusion
22 Jan 15:00 |
04 Dec 15:00 |
30 Oct 14:00 |
10 Jul 14:00 |
29 May 14:00 |
24 Apr 14:00 |
06 Mar 15:00 |
09 Jan 15:00 |
05 Dec 15:00 |
24 Oct 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
