Based on the last 12 BoC Interest Rate Decision events in Canada, we expect AUDUSD to trend upwards later today. Based on these past events there is a 72.73% chance of this. We expect AUDUSD to trend upwards 2 hours following the event release at 20 Jan 15:00 if the released value is = 0.25%. A price movement of 41 pips is expected.

Historical events that allowed us to draw this conclusion

28 Oct 14:00

09 Sep 14:00

03 Jun 14:00

15 Apr 14:00

04 Dec 15:00

30 Oct 14:00

04 Sep 14:00

10 Jul 14:00