TradersNews 75% probability that USDCAD will trend down on Monday 01 Mar at 01:00 PM GMT if the DE Inflation Rate YoY Prel number is greater than 1.2%.

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  • TradersNews 75% probability that USDCAD will trend down on Monday 01 Mar at 01:00 PM GMT if the DE Inflation Rate YoY Prel number is greater than 1.2%.

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This Monday 01 Mar at 01:00 PM GMT the latest DE Inflation Rate YoY Prel number will be released.
If the number is greater than than economists’ consensus there is a 75% probability that USDCAD will trend down following the news event.

This probability is based on the last 12 DE Inflation Rate YoY Prel events, in which 3 of the last 4 events where the actual number was greater than than the economist consensus resulted in an down trend of USDCAD.

Here are images of the past events:

Thursday 28 Jan at 01:00 PM GMT:

Thursday 29 Oct at 01:00 PM GMT:

Wednesday 29 Apr at 12:00 PM GMT:

Disclaimer: Past performance may not be indicative of future performance

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