19 pip movement on USDCAD expected
Based on the last 12 Core Inflation Rate YoY events in US, we expect a 19 pip movement on USDCAD for the next 2 hours.
We expect USDCAD to trend down for 2 hours because the released value is = 2.2%
Historical events that allowed us to draw this conclusion
|12 Dec 13:30
|12 Jul 12:30
|11 Apr 12:30
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)