Based on the last 12 Inflation Rate YoY events in Canada, we expect EURUSD to trend downwards later today. Based on these past events there is a 71.43% chance of this. This may happen if the released value is < 2.3% Historical events that allowed us to draw this conclusion

20 Jan 13:30

16 Sep 12:30

19 Aug 12:30

17 Jun 12:30

22 Apr 12:30