Based on the last 12 Inflation Rate YoY events in Canada, we expect EURUSD to trend downwards later today. Based on these past events there is a 66.67% chance of this. This will happen if the released value is > 2%
Historical events that allowed us to draw this conclusion
18 Jan 13:30 |
23 Nov 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).