75% probability that USDCAD may trend upwards right now

Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect USDCAD to trend upwards for the next 12 hours. Based on these past events there is a 75% chance of this. This may happen because the released value is > 0%

Historical events that allowed us to draw this conclusion

19 Aug 16:00

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