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This Thursday 13 Feb 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 up following the news event.
This probability is based on the last 12 US Inflation Rate YoY events, in which 1 of the last 5 events where the actual number was greater than than the economist consensus resulted in an up trend of USDCAD.
Here are images of the past events:
Wednesday 10 Apr at 12:30 PM GMT:
Disclaimer: Past performance may not be indicative of future performance