Based on the last 12 BoC Interest Rate Decision events in Canada, we expect a 41 pip movement on AUDUSD within 2 hours following the event release at 09 Dec 15:00 UTC. We expect AUDUSD to trend upwards 2 hours following the event release at 09 Dec 15:00 UTC if the released value is = 0.25%

Historical events that allowed us to draw this conclusion

28 Oct 14:00

09 Sep 14:00

03 Jun 14:00

15 Apr 14:00

04 Dec 15:00

30 Oct 14:00

04 Sep 14:00

10 Jul 14:00