HE could trend downwards later today. Based on these past Canada Inflation Rate YoY news events there is a 87.5% chance of this. This could happen only if the released value is > 7.4%. The price movement may be as big as 143 pips.
Historical events that allowed us to draw this conclusion
18 May 12:30 |
20 Apr 12:30 |
16 Mar 12:30 |
20 Oct 12:30 |
16 Jun 12:30 |