Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect a $180.644 movement on USDCAD within 48 hours following the event release at 16 Jun 16:00. We expect USDCAD to trend downwards 48 hours following the event release at 16 Jun 16:00 if the released value is > 1.8%

Historical events that allowed us to draw this conclusion

17 Feb 18:00	20 Jan 18:00
18 Nov 18:00	16 Sep 16:00
15 Jul 16:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).