
The latest US Inflation Rate YoY number has been released as 2.5%.
There is a 80% probability that USDCAD will trend up for the next few hours.
This probability is based on the last 12 US Inflation Rate YoY events, in which 1 of the last 5 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 10 Apr at 12:30 PM GMT:
Disclaimer: Past performance may not be indicative of future performance