We expect USDCAD to trend downwards later today. Based on these past Japan Inflation Rate YoY news events there is a 66.67% chance of this. We expect this to happen if the released value is > 1.1%. A price movement of 8 pips is expected.
Historical events that allowed us to draw this conclusion
17 Mar 23:30 |
21 Oct 23:30 |
19 Jul 23:30 |
17 Jun 23:30 |