Based on the last 12 Inflation Rate YoY events in United States, we expect USDCAD to trend downwards for the next 12 hours. Based on these past events there is a 66.67% chance of this. This may happen because the released value is > 1.7%
Historical events that allowed us to draw this conclusion
13 Aug 12:30 |
10 Apr 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
