Based on the last 12 Inflation Rate YoY events in Canada, we expect EURUSD to trend upwards right now. Based on these past events there is a 66.67% chance of this. This may happen because the released value is > 2.3%

Historical events that allowed us to draw this conclusion

19 Jun 22:30

22 Mar 23:30

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