We expect a $410.718 movement on USDCAD within 2 hours following the release of RBA Interest Rate Decision at 04 Aug 04:30. We expect USDCAD to trend upwards 2 hours following the event release at 04 Aug 04:30 if the released value is = 0.25%. A price movement of 55 pips is expected.
Historical events that allowed us to draw this conclusion
07 Jul 04:30 |
03 Dec 03:30 |
01 Oct 04:30 |
06 Aug 04:30 |