Based on the last 12 Inflation Rate YoY events in United States, we expect a $772 movement on USDCAD within 4 hours following the event release at 2023-06-13 22:30. We expect USDCAD to trend downwards 4 hours following the event release at 2023-06-13 22:30 if the released value is < 4.1% Historical events that allowed us to draw this conclusion

12 Apr 22:30	14 Dec 00:30
11 Nov 00:30	10 Aug 22:30

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