Based on the last 12 Inflation Rate YoY events in Canada, we expect YM to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect YM to trend upwards 12 hours following the event release at 2025-02-18 13:30 if the released value is = 1.9%. A price movement of 68 pips is expected.
Historical events that allowed us to draw this conclusion
20 Aug 12:30 |
21 May 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
