Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect USDCAD to trend upwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is < 3.4% Historical events that allowed us to draw this conclusion
26 Mar 07:00 |
15 Jan 07:00 |
16 Oct 06:00 |
14 Aug 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
