Based on the last 12 Inflation Rate YoY Prel events in Germany, USDCAD could trend downwards later today. Based on these past events there is a 66.67% chance of this. If the released value is = 8% we could see USDCAD trend downwards 2 hours following the event release at 29 Jun 12:00.

Historical events that allowed us to draw this conclusion

01 Mar 13:00

30 Aug 12:00