Based on past New Zealand Interest Rate Decision news events there is a 66.67% chance of USDCAD trending downwards. We expect this to happen if the released value is = 0.25%. A price movement of 24 pips is expected.

Historical events that allowed us to draw this conclusion

14 Apr 02:00

24 Feb 01:00

11 Nov 01:00

13 May 02:00

12 Feb 01:00

25 Sep 02:00