Trade with an edge around todays United States Inflation Rate YoY news event

Past performance is not an indicator of future results.
Based on past United States Inflation Rate YoY news events there is a 66.67% chance of USDCAD trending downwards. We expect this to happen if the released value is = 1.8%. A price movement of 32 pips is expected.

Historical events that allowed us to draw this conclusion

14 Nov 13:30
12 Jul 13:30
10 May 13:30
11 Apr 13:30

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

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