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Canada Inflation Rate YoY News Event – a possible $134 movement on USDCHF

Based on the last 12 Inflation Rate YoY events in Canada, we may expect USDCHF to trend downwards right now. Based on these past events there is a 75% chance of this. We made this conclusion because the released value is < 3.1%. A price movement of 12 pips may be experienced. Historical events that allowed us to draw this conclusion

20 Feb 13:30
17 Oct 12:30
18 Jul 12:30