Based on the last 12 Inflation Rate YoY events in Japan, we expect USDCAD to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect USDCAD to trend upwards 2 hours following the event release at 17 Jun 23:30 if the released value is > -0.3%. A price movement of 15 pips is expected.

Historical events that allowed us to draw this conclusion

18 Feb 23:30

17 Sep 23:30