DELKOS 75% probability that USDCAD will trend up on Thursday 13 Sep at 12:30 PM GMT if the US Core Inflation Rate YoY number is equal to 2.4%.
This Thursday 13 Sep at 12:30 PM GMT the latest US Core Inflation Rate YoY number will be released.
If the number is equal to than economists’ consensus there is a 75% probability that USDCAD will trend up following the news event.
This probability is based on the last 12 US Core Inflation Rate YoY events, in which 3 of the last 4 events where the actual number was equal to than the economist consensus resulted in an up trend of USDCAD.
Here are images of the past events:
Thursday 12 Jul at 12:30 PM GMT:
Tuesday 12 Jun at 12:30 PM GMT:
Tuesday 13 Mar at 12:30 PM GMT:
Disclaimer: Past performance may not be indicative of future performance