Based on past Canada Inflation Rate YoY news events there is a 71.43% chance of 6E trending upwards. We expect this to happen if the released value is < 3.2%. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion
21 Apr 12:30 |
17 Mar 12:30 |
20 Jan 13:30 |
17 Jun 12:30 |
20 May 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
