Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect USDCAD to trend upwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is > 0%

Historical events that allowed us to draw this conclusion

19 Aug 16:00

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