Based on the last 12 Inflation Rate YoY events in Canada, we expect a $1,059.291 movement on USDCAD within the next 48 hours. We expect USDCAD to trend downwards for 48 hours because the released value is > 0.4%

Historical events that allowed us to draw this conclusion

18 Mar 23:30

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