Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect USDCAD to trend upwards. Based on these past events there is a 75% chance of this. We expect USDCAD to trend upwards for 2 hours because the released value is > 0%. A price movement of 9 pips is expected.

Historical events that allowed us to draw this conclusion

19 Feb 09:30