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There is a 71.43% chance of KC trending downwards

Based on the last 12 Ivey PMI s.a events in Canada, we expect a $381 movement on KC within 2 hours following the event release at 2024-11-06 15:00. We expect KC to trend downwards 2 hours following the event release at 2024-11-06 15:00 if the released value is > 54.2

Historical events that allowed us to draw this conclusion

05 Jul 14:00
07 May 14:00
06 Feb 15:00
05 Jan 15:00
06 Dec 15:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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We expect a $220 movement on EURUSD within 2 hours following the event release at 2024-11-06 15:00.

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We expect EMD to trend downwards today with a 80% chance.

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