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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”).