Inflation Rate YoY Prel

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We expect a $393 movement on USDCAD within the next 2 hours. We expect USDCAD to trend upwards 2 hours following the Inflation Rate YoY Prel events in Germany release because the released value is > 6.3%. A price movement of 53 pips is expected.

Historical events that allowed us to draw this conclusion

01 Mar 13:00
29 Sep 12:00
30 Aug 12:00
28 Jul 12:00

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