Trade with an edge around todays Japan BoJ Interest Rate Decision news event

Past performance is not an indicator of future results.
Based on past Japan BoJ Interest Rate Decision news events there is a 66.67% chance of USDCAD trending downwards. We expect this to happen because the released value is = -0.1%. A price movement of 57 pips is expected.

Historical events that allowed us to draw this conclusion

31 Oct 03:00

19 Sep 04:00

31 Jul 05:00

27 Apr 04:00

09 Mar 03:00

23 Jan 03:00

21 Dec 03:00

21 Sep 04:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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