Based on the last 12 Inflation Rate YoY events in United States, we expect USDCAD to trend downwards for the next 2 hours. Based on these past events there is a 80% chance of this. This may happen because the released value is > 3.6%

Historical events that allowed us to draw this conclusion

13 Apr 12:30

10 Dec 13:30

11 Sep 12:30

12 Aug 12:30