Based on the last 12 Inflation Rate YoY events in Australia, we could see USDCAD trend upwards right now. Based on historical events there is a 80% chance of this. This may happen because the released value is < 2.5% Historical events that allowed us to draw this conclusion
30 Oct 00:30 |
31 Jan 00:30 |
26 Jul 01:30 |
27 Jul 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).