We expect 6S to trend upwards later today. Based on these past Canada Inflation Rate YoY news events there is a 66.67% chance of this. We expect this to happen if the released value is = 0.5%. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
18 Dec 13:30 |
20 Nov 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
