Based on the last 12 Inflation Rate YoY events in Canada, we expect EURUSD to trend downwards later today. Based on these past events there is a 85.71% chance of this. We expect EURUSD to trend downwards 48 hours following the event release at 21 Apr 22:30 if the released value is < 2.3%. A price movement of 157 pips is expected. Historical events that allowed us to draw this conclusion

17 Mar 23:30	16 Sep 22:30
19 Aug 22:30	17 Jun 22:30
20 May 22:30	22 Apr 22:30

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