We expect CC to trend downwards later today. Based on these past Canada BoC Interest Rate Decision news events there is a 66.67% chance of this. We expect this to happen if the released value is = 1%. A price movement of 2,950 pips is expected.

Historical events that allowed us to draw this conclusion

02 Mar 15:00

08 Dec 15:00

27 Oct 14:00

08 Sep 14:00

14 Jul 14:00

09 Jun 14:00

21 Apr 14:00

09 Dec 15:00