Based on the last 12 BoE Interest Rate Decision events in United Kingdom, USDCAD could experience an downwards trend. Based on these past events there is a 70% chance of this, and the trend could last 2 hours because the released value is = 5.25%.
Historical events that allowed us to draw this conclusion
09 May 11:00 |
21 Mar 12:00 |
01 Feb 12:00 |
14 Dec 12:00 |
02 Nov 12:00 |
03 Aug 11:00 |
23 Mar 12:00 |
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