Based on the last 12 Inflation Rate YoY events in United States, we expect a $1,432.307 movement on USDCAD within 48 hours following the event release at 12 Apr 22:30. We expect USDCAD to trend upwards 48 hours following the event release at 12 Apr 22:30 if the released value is > 8.4%

Historical events that allowed us to draw this conclusion

11 Feb 00:30	11 Nov 00:30
13 Jul 22:30	10 Jun 22:30
12 May 22:30

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