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We expect a $459.544 movement on USDCAD within 4 hours following the event release at 18 Sep 18:00.

Based on the last 12 Fed Interest Rate Decision events in United States, we expect a $459.544 movement on USDCAD within 4 hours following the event release at 18 Sep 18:00. We expect USDCAD to trend upwards 4 hours following the event release at 18 Sep 18:00 if the released value is = 2%

Historical events that allowed us to draw this conclusion

31 Jul 18:00
01 May 18:00
20 Mar 18:00
19 Dec 19:00
08 Nov 19:00
26 Sep 18:00
01 Aug 18:00
02 May 18:00

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

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