Based on the last 12 Inflation Rate YoY events in Canada, we expect a $190 movement on EURUSD within 4 hours following the event release at 2023-02-21 13:30. We expect EURUSD to trend upwards 4 hours following the event release at 2023-02-21 13:30 if the released value is < 6.1% Historical events that allowed us to draw this conclusion
20 Sep 12:30 |
20 Jul 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
