We expect a $96.444 movement on CRD within the next 48 hours. We expect CRD to trend downwards 48 hours following the Inflation Rate YoY events in Canada release because the released value is > 0.4%. A price movement of 235 pips is expected.
Historical events that allowed us to draw this conclusion
22 Jul 12:30 |
18 Mar 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
