Based on past Canada Inflation Rate YoY news events there is a 66.67% chance of USDCHF trending upwards. We expect this to happen if the released value is = 3.4%. A price movement of 111 pips is expected.

Historical events that allowed us to draw this conclusion

17 Nov 00:30

16 Aug 22:30

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