Based on the last 12 Inflation Rate YoY events in Canada, we expect a $150 movement on EURUSD within 4 hours following the event release at 18 Mar 23:30. We expect EURUSD to trend upwards 4 hours following the event release at 18 Mar 23:30 if the released value is = 2.1%

Historical events that allowed us to draw this conclusion

19 Dec 00:30	21 Nov 00:30
17 Jul 22:30	15 May 22:30

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