Want to know why USDCAD is going downwards for the next 2 hours?
Based on past Germany Inflation Rate YoY Prel news events there is a 75% chance of USDCAD trending downwards. We expect this to happen because the released value is > 7.4%. A price movement of 34 pips is expected.Historical events that allowed us to draw this conclusion30 May 12:0028 Apr 12:0030 Mar 12:0006 Jan 13:0029 Nov 13:0029 Jul 12:00