If the released value is > 8% for the Inflation Rate YoY Prel event, we could see a $380.74 movement on USDCAD within 4 hours following the release at 29 Jun 12:00. This movement may form an downwards trend for 4 hours following the event release at 29 Jun 12:00.
Historical events that allowed us to draw this conclusion
30 May 12:00 |
28 Apr 12:00 |
31 Jan 13:00 |
06 Jan 13:00 |
29 Nov 13:00 |
28 Oct 12:00 |
29 Jul 12:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
