USDCAD may trend upwards from 16 Jun 12:30
We expect USDCAD to trend upwards later today. Based on these past Canada Inflation Rate YoY news events there is a 66.67% chance of this. We expect this to happen if the released value is > 3.5%. A price movement of 42 pips is expected.Historical events that allowed us to draw this conclusion19 May 12:3017 Feb 13:3016 Dec 13:3022 Jul…