Based on the last 12 Inflation Rate YoY events in Canada, we expect USDCAD to trend downwards later today. Based on these past events there is a 75% chance of this. We expect USDCAD to trend downwards 4 hours following the event release at 2025-06-24 12:30 if the released value is > 1.7%. A price movement of 31 pips is expected.
Historical events that allowed us to draw this conclusion
20 May 12:30 |
19 Nov 13:30 |
25 Jun 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
