Based on the last 12 Ivey PMI s.a events in CA, we expect a $201.22 movement on USDCAD within the next 2 hours.
We expect USDCAD to trend up for 2 hours because the released value is < 62.3
Historical events that allowed us to draw this conclusion
07 Aug 14:00 |
06 Jun 14:00 |
06 Apr 14:00 |
06 Feb 15:00 |
05 Jan 15:00 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
