Canada BoC Interest Rate Decision News Event – a possible $460 movement on AUDUSD

Based on past Canada BoC Interest Rate Decision news events there is a 66.67% chance of AUDUSD trending downwards. We expect this to happen because the released value is = 2.25%. A price movement of 46 pips is expected.

Historical events that allowed us to draw this conclusion

01 Jun 14:00
26 Jan 15:00
08 Dec 15:00
27 Oct 14:00
08 Sep 14:00
14 Jul 14:00
09 Jun 14:00
10 Mar 15:00