Based on the last 12 Inflation Rate YoY Prel events in Germany, a $365.199 movement could occur on USDCAD within 12 hours following the event release at 29 Jun 22:00. We expect USDCAD to trend upwards 12 hours following the event release at 29 Jun 22:00 if the released value is = 8%

Historical events that allowed us to draw this conclusion

02 Mar 00:00

29 Jun 22:00

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