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Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect USDCAD to trend upwards later today. Based on these past events there is a 75% chance of this. We expect USDCAD to trend upwards 4 hours following the event release at 2023-03-30 12:00 if the released value is > 7.3%. A price movement of 85 pips is expected.
Historical events that allowed us to draw this conclusion
|01 Mar 13:00
|28 Oct 12:00
|29 Sep 12:00
|30 Aug 12:00
|28 Jul 12:00
|30 Mar 12:00
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