Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect USDCAD to trend downwards later today. Based on these past events there is a 75% chance of this. We expect USDCAD to trend downwards 2 hours following the event release at 20 Oct 06:00 if the released value is < 3.2%. A price movement of 22 pips is expected. Historical events that allowed us to draw this conclusion

21 Apr 06:00

24 Mar 07:00

16 Dec 07:00