Based on the last 12 Inflation Rate YoY events in United States, we expect USDCAD to trend downwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is < 5% Historical events that allowed us to draw this conclusion
12 Apr 12:30 |
10 Nov 13:30 |
10 Aug 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).