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Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect USDCAD to trend upwards later today. Based on these past events there is a 71.43% chance of this. We expect USDCAD to trend upwards 2 hours following the event release at 2023-06-21 06:00 if the released value is > 8.4%. A price movement of 42 pips is expected.
Historical events that allowed us to draw this conclusion
24 May 06:00 |
19 Apr 06:00 |
22 Mar 07:00 |
17 Aug 06:00 |
20 Jul 06:00 |
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