Based on the last 12 Interest Rate Decision events in New Zealand, we expect USDCAD to trend downwards. Based on these past events there is a 70% chance of this. We expect USDCAD to trend downwards for 2 hours because the released value is = 0.25%. A price movement of 24 pips is expected.

Historical events that allowed us to draw this conclusion

26 May 02:00

14 Apr 02:00

24 Feb 01:00

11 Nov 01:00

13 May 02:00

12 Feb 01:00

25 Sep 02:00