United Kingdom Inflation Rate YoY News Event – a possible $272.702 opportunity on USDCAD

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”).