Based on the last 12 Inflation Rate YoY Prel events in Germany, we could see USDCAD trend downwards right now. Based on historical events there is a 66.67% chance of this. This may happen because the released value is > 2.4%
Historical events that allowed us to draw this conclusion
30 Oct 13:00 |
30 Jul 12:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).