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Trade with an edge around todays Germany Inflation Rate YoY Prel news event

Based on the last 12 Inflation Rate YoY Prel events in Germany, we could see a 53 pip movement on USDCAD for the next 2 hours. USDCAD could trend upwards for 2 hours because the released value is > 6%

Historical events that allowed us to draw this conclusion

29 Jun 12:00
01 Mar 13:00
29 Sep 12:00
30 Aug 12:00