We expect a $1414 movement on USDCAD within 48 hours following the release of Inflation Rate YoY at 2022-09-13 22:30. We expect USDCAD to trend upwards 48 hours following the event release at 2022-09-13 22:30 if the released value is > 8.1%. A price movement of 181 pips is expected.

Historical events that allowed us to draw this conclusion

13 Jul 22:30	10 Jun 22:30
11 May 22:30	11 Feb 00:30
11 Nov 00:30

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