Based on the last 12 Inflation Rate YoY events in Canada, we expect NZDUSD to trend downwards later today. Based on these past events there is a 71.43% chance of this. We expect NZDUSD to trend downwards 2 hours following the event release at 15 Sep 12:30 if the released value is > 3.9%. A price movement of 23 pips is expected.

Historical events that allowed us to draw this conclusion

18 Aug 12:30

16 Jun 12:30

19 May 12:30

17 Feb 13:30

16 Dec 13:30