Canada Inflation Rate YoY News Event – a $130 opportunity on AUDUSD

We expect a $130 movement on AUDUSD within 2 hours following the release of Inflation Rate YoY at 19 Aug 12:30. We expect AUDUSD to trend downwards 2 hours following the event release at 19 Aug 12:30 if the released value is > 0.5%. A price movement of 13 pips is expected.

Historical events that allowed us to draw this conclusion

22 Jul 12:30
18 Mar 12:30
19 Feb 13:30