This Wednesday 22 May at 08:30 AM GMT the latest GB Inflation Rate YoY number will be released.
If the number is less than than economists’ consensus there is a 71.42% probability that USDCAD will trend up following the news event.
This probability is based on the last 12 GB Inflation Rate YoY events, in which 5 of the last 7 events where the actual number was less than than the economist consensus resulted in an up trend of USDCAD.
Here are images of the past events:
Wednesday 17 Apr at 08:30 AM GMT:
Wednesday 13 Feb at 09:30 AM GMT:
Wednesday 14 Nov at 09:30 AM GMT:
Wednesday 17 Oct at 08:30 AM GMT:
Wednesday 23 May at 08:30 AM GMT:
Disclaimer: Past performance may not be indicative of future performance