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A $380.74 movement could be seen on USDCAD within 4 hours following the release of Inflation Rate YoY Prel.

If the released value is > 8% for the Inflation Rate YoY Prel event, we could see a $380.74 movement on USDCAD within 4 hours following the release at 29 Jun 12:00. This movement may form an downwards trend for 4 hours following the event release at 29 Jun 12:00.

Historical events that allowed us to draw this conclusion

30 May 12:00
28 Apr 12:00
31 Jan 13:00
06 Jan 13:00
29 Nov 13:00
28 Oct 12:00
29 Jul 12:00

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

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