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 66.67% chance of this. This may happen if the released value is = 2.8%
Historical events that allowed us to draw this conclusion
17 Jul 23:30 |
19 Sep 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
