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We expect USDCAD to trend downwards today with a 83.33% chance.

Based on the last 12 Inflation Rate YoY events in Japan, we expect USDCAD to trend downwards later today. Based on these past events there is a 83.33% chance of this. We expect USDCAD to trend downwards 4 hours following the event release at 2025-08-21 23:30 if the released value is < 3.3%. A price movement of 27 pips is expected. Historical events that allowed us to draw this conclusion

19 Jun 23:30
22 May 23:30
20 Mar 23:30
17 Oct 23:30
22 Aug 23:30

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

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