New Zealand Interest Rate Decision News Event – a $191.688 opportunity on USDCAD

We expect a $191.688 movement on USDCAD within 2 hours following the release of Interest Rate Decision at 14 Jul 02:00. We expect USDCAD to trend downwards 2 hours following the event release at 14 Jul 02:00 if 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