Based on the last 12 BoC Interest Rate Decision events in Canada, we expect a $164.7 movement on USDJPY within 2 hours following the event release at 09 Jun 14:00. We expect USDJPY to trend upwards 2 hours following the event release at 09 Jun 14:00 if the released value is = 0.25%

Historical events that allowed us to draw this conclusion

21 Apr 14:00

10 Mar 15:00

09 Dec 15:00

09 Sep 14:00

15 Jul 14:00

03 Jun 14:00

22 Jan 15:00

04 Dec 15:00