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We expect a 53 pip movement on RTY within 2 hours following the event release.

Based on the last 12 Inflation Rate YoY events in Canada, we expect RTY 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 > 1.6%

Historical events that allowed us to draw this conclusion

18 Mar 12:30
25 Jun 12:30

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

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We expect a $491 movement on USDJPY within 4 hours following the release of Inflation Rate YoY.

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