Inflation Rate YoY Prel

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We expect USDCAD to trend downwards for the next 48 hours. Based on these past Germany Inflation Rate YoY Prel news events there is a 66.67% chance of this. We expect this to happen because the released value is < 2.6%. A price movement of 223 pips is expected. Historical events that allowed us to draw this conclusion

31 Jan 13:00
29 Nov 13:00
31 May 12:00
28 Apr 12:00

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