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Based on past Japan Inflation Rate YoY news events there is a 80% chance of USDCAD trending upwards. We expect this to happen because the released value is > 3.2%. A price movement of 17 pips is expected.
Historical events that allowed us to draw this conclusion
19 Dec 23:30 |
20 Jun 23:30 |
23 May 23:30 |
26 Feb 23:30 |
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