Past performance is not an indicator of future results.
Based on the last 12 Inflation Rate YoY events in Canada, we expect a $180 movement on EURUSD within the next 2 hours. We expect EURUSD to trend upwards for 2 hours because the released value is > 1.7%
Historical events that allowed us to draw this conclusion
23 Nov 13:30 |
17 Aug 13:30 |
20 Jul 13:30 |
23 Feb 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
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