Based on past United States Inflation Rate YoY news events there is a 71.43% chance of USDCAD trending downwards. We expect this to happen because the released value is > 7.3%. A price movement of 46 pips is expected.
Historical events that allowed us to draw this conclusion
10 Nov 13:30 |
13 Oct 12:30 |
10 Jun 12:30 |
12 May 12:30 |
13 Apr 12:30 |