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If the released value is > 9.1% for the Inflation Rate YoY event, we could see a $272.702 movement on USDCAD within 4 hours following the release at 18 May 16:00. This movement may form an upwards trend for 4 hours following the event release at 18 May 16:00.
Historical events that allowed us to draw this conclusion
13 Apr 16:00![]() |
23 Mar 18:00![]() |
15 Dec 18:00![]() |
17 Nov 18:00![]() |
14 Jul 16:00![]() |
16 Jun 16:00![]() |
19 May 16:00![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).