We expect a $287.364 movement on USDCAD within 12 hours following the release of PPI Input YoY at 14 Aug 08:30. We expect USDCAD to trend upwards 12 hours following the event release at 14 Aug 08:30 if the released value is > 0.1%. A price movement of 38 pips is expected.
Historical events that allowed us to draw this conclusion
19 Dec 09:30 |
14 Nov 09:30 |
17 Oct 08:30 |
15 Aug 08:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
