TradersNews 80% probability that USDCAD will trend down on Thursday 10 Dec at 01:30 PM GMT if the US Inflation Rate YoY number is greater than 1.1%.

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  • TradersNews 80% probability that USDCAD will trend down on Thursday 10 Dec at 01:30 PM GMT if the US Inflation Rate YoY number is greater than 1.1%.

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This Thursday 10 Dec at 01:30 PM GMT the latest US Inflation Rate YoY number will be released.
If the number is greater than than economists’ consensus there is a 80% probability that USDCAD will trend down following the news event.

This probability is based on the last 12 US Inflation Rate YoY events, in which 4 of the last 5 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:

Friday 11 Sep at 12:30 PM GMT:

Wednesday 12 Aug at 12:30 PM GMT:

Thursday 13 Feb at 01:30 PM GMT:

Wednesday 11 Dec at 01:30 PM GMT:

Disclaimer: Past performance may not be indicative of future performance

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