We expect a $106.494 movement on USDCAD within 2 hours following the release of Inflation Rate YoY at 17 Sep 23:30. We expect USDCAD to trend upwards 2 hours following the event release at 17 Sep 23:30 if the released value is > 0.1%. A price movement of 14 pips is expected.

Historical events that allowed us to draw this conclusion

23 Apr 23:30

23 Jan 23:30

19 Dec 23:30