34 pip movement on USDCAD expected

La performance passata non è un indicatore delle performance future.
Based on the last 12 Inflation Rate YoY events in Canada, we expect a 34 pip movement on USDCAD for the next 48 ore. We expect USDCAD to trend upwards for 48 hours because the released value is > 1.4%

Historical events that allowed us to draw this conclusion

18 Jan 13:30
23 Nov 13:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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