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We expect a $0.016 movement on RB within 2 hours following the event release at 16 Oct 08:30.

Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect a $0.016 movement on RB within 2 hours following the event release at 16 Oct 08:30. We expect RB to trend downwards 2 hours following the event release at 16 Oct 08:30 if the released value is < 1.8% Historical events that allowed us to draw this conclusion

18 Sep 08:30
22 May 08:30
13 Feb 09:30
14 Nov 09:30
17 Oct 08:30

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

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We expect a 31 pip movement on USDCAD within 4 hours following the event release.

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

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