United States Fed Interest Rate Decision News Event – a possible $461.877 movement on USDCAD

Based on the last 12 Fed Interest Rate Decision events in United States, we expect a $461.877 movement on USDCAD within 2 hours following the event release at 28 Jul 18:00. We expect USDCAD to trend downwards 2 hours following the event release at 28 Jul 18:00 if the released value is = 0.25%

Historical events that allowed us to draw this conclusion

28 Apr 18:00
17 Mar 18:00
16 Dec 19:00
05 Nov 19:00
29 Jul 18:00
29 Apr 18:00
29 Jan 19:00
11 Dec 19:00