Based on the last 12 Inflation Rate YoY events in United States, we expect USDCAD to trend downwards later today. Based on these past events there is a 80% chance of this. We expect USDCAD to trend downwards 2 hours following the event release at 10 Jun 12:30 if the released value is > 0.2%. A price movement of 66 pips is expected.

Historical events that allowed us to draw this conclusion

13 Feb 13:30

11 Dec 13:30

13 Nov 13:30

13 Aug 12:30