Based on the last 12 Inflation Rate YoY events in United States, we expect a $84.324 movement on USDCAD within 4 hours following the event release at 11 Jul 12:30. We expect USDCAD to trend downwards 4 hours following the event release at 11 Jul 12:30 if the released value is < 1.6% Historical events that allowed us to draw this conclusion
10 May 12:30 |
12 Mar 12:30 |
11 Oct 12:30 |
13 Sep 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
