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We expect a $1188 movement on USDCAD within 48 hours following the event release at 2023-05-31 12:00.

Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect USDCAD to trend downwards later today. Based on these past events there is a 80% chance of this. We expect USDCAD to trend downwards 48 hours following the event release at 2023-05-31 12:00 if the released value is < 6.5%. A price movement of 161 pips is expected. Historical events that allowed us to draw this conclusion

28 Apr 12:00
09 Feb 07:00
03 Jan 13:00
29 Nov 13:00

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

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Esperamos un movimiento en $1188 del USDCAD dentro de 48 horas después de la publicación del evento a las 2023-05-31 12:00.

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D’après les derniers 12 événements Taux D'Inflation (Annuel) Prel en Allemagne, nous prévoyons que USDCAD ira à la baisse plus tard dans la journée. Basé sur ces derniers événements, cela arrivera avec une probabilité de 80%.

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