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Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect a $1188 movement on USDCAD within 48 hours following the event release at 2023-05-31 12:00. We expect USDCAD to trend downwards 48 hours following the event release at 2023-05-31 12:00 if the released value is < 6.5% Historical events that allowed us to draw this conclusion
| 28 Apr 12:00 |
| 09 Feb 07:00 |
| 03 Jan 13:00 |
| 29 Nov 13:00 |
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