Based on the last 12 Inflation Rate YoY Prel events in Germany, we could see a $320 movement on USDCAD within the next 4 hours. We may see USDCAD trend downwards for 4 hours because the released value is < 2.3% Historical events that allowed us to draw this conclusion
29 Apr 12:00 |
29 Feb 13:00 |
31 Jan 13:00 |
28 Sep 12:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
