DELKOS 75% probability that USDCAD will trend up on Wednesday 19 Aug at 12:30 PM GMT if the CA Inflation Rate YoY number is greater than 0.5%.

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This Wednesday 19 Aug at 12:30 PM GMT the latest CA Inflation Rate YoY number will be released.
If the number is greater than than economists’ consensus there is a 75% probability that USDCAD will trend up following the news event.

This probability is based on the last 12 CA Inflation Rate YoY events, in which 2 of the last 4 events where the actual number was greater than than the economist consensus resulted in an up trend of USDCAD.

Here are images of the past events:

Wednesday 18 Mar at 12:30 PM GMT:

Wednesday 21 Aug at 12:30 PM GMT:

Disclaimer: Past performance may not be indicative of future performance