Based on the last 12 Inflation Rate YoY events in Canada, we expect AUDUSD to trend downwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is > -0.1%

Historical events that allowed us to draw this conclusion

20 Feb 00:30

21 Aug 22:30

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