Based on the last 12 Fed Interest Rate Decision events in United States, we expect a 41 pip movement on USDCAD within 2 hours following the event release at 27 Jan 19:00 UTC. We expect USDCAD to trend downwards 2 hours following the event release at 27 Jan 19:00 UTC if the released value is = 0.25%

Historical events that allowed us to draw this conclusion

16 Dec 19:00

05 Nov 19:00

29 Jul 18:00

29 Apr 18:00

29 Jan 19:00

11 Dec 19:00

30 Oct 18:00

19 Jun 18:00