Based on the last 12 Retail Sales MoM events in United States, we expect a $1040 movement on USDCAD within 48 hours following the event release at 2023-06-15 12:30. We expect USDCAD to trend upwards 48 hours following the event release at 2023-06-15 12:30 if the released value is > -0.1%
Historical events that allowed us to draw this conclusion
15 Feb 13:30 |
16 Nov 13:30 |
15 Sep 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
