Based on past Canada Ivey PMI s.a news events there is a 80% chance of 6A trending upwards. We expect this to happen because the released value is > 53.3. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
05 Dec 15:00 |
06 Sep 14:00 |
07 Aug 14:00 |
04 Apr 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
