United Kingdom Inflation Rate YoY News Event – a $173.395 opportunity on USDCAD

We expect a $173.395 movement on USDCAD within 2 hours following the release of Inflation Rate YoY at 15 Sep 06:00. We expect USDCAD to trend downwards 2 hours following the event release at 15 Sep 06:00 if the released value is < 2.9%. 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