We expect USDCAD to trend downwards later today. Based on these past United Kingdom Inflation Rate YoY news events there is a 75% chance of this. We expect this to happen if the released value is = 0.6%. A price movement of 64 pips is expected.

Historical events that allowed us to draw this conclusion

17 Jun 06:00

22 Apr 06:00

25 Mar 07:00