Canada Inflation Rate YoY News Event – a possible $299.308 movement on USDCHF

Based on the last 12 Inflation Rate YoY events in Canada, we expect a $299.308 movement on USDCHF within the next 12 hours. We expect USDCHF to trend upwards for 12 hours because the released value is > 3.2%

Historical events that allowed us to draw this conclusion

18 Feb 00:30
17 Dec 00:30
19 Nov 00:30
21 Oct 23:30

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