We expect a $84.324 movement on USDCAD within 4 hours following the event release at 11 Jul 12:30.

Based on the last 12 Inflation Rate YoY events in United States, we expect a $84.324 movement on USDCAD within 4 hours following the event release at 11 Jul 12:30. We expect USDCAD to trend downwards 4 hours following the event release at 11 Jul 12:30 if the released value is < 1.6%Historical events that allowed us to draw this conclusion

10 May 12:30
12 Mar 12:30
11 Oct 12:30
13 Sep 12:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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