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Japan Inflation Rate YoY News Event – a $106.494 opportunity on USDCAD

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 conclusion23…

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USDCAD may trend downwards from 20 Aug 23:30

We expect USDCAD to trend downwards later today. Based on these past Japan Inflation Rate YoY news events there is a 75% chance of this. We expect this to happen if the released value is = 0.1%. A price movement of 17 pips is expected.Historical events that allowed us to draw this conclusion20 Jul 23:3020 Feb 23:30

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