Based on past Germany Inflation Rate YoY Prel news events there is a 75% chance of USDCAD trending upwards. We expect this to happen if the released value is < 1.8%. A price movement of 49 pips is expected. Historical events that allowed us to draw this conclusion
30 Sep 12:00 |
29 Aug 12:00 |
01 Jul 12:00 |
29 Apr 12:00 |
29 Nov 13:00 |
30 Oct 13:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
