Based on the last 12 Inflation Rate YoY events in Canada, we expect a 13 pip movement on AUDUSD within 2 hours following the event release at 19 Aug 22:30 GMT+10. We expect AUDUSD to trend downwards 2 hours following the event release at 19 Aug 22:30 GMT+10 if the released value is > 0.5%

Historical events that allowed us to draw this conclusion

22 Jul 22:30	18 Mar 23:30
20 Feb 00:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).