Based on the last 12 Housing Starts events in United States, we could see USDCAD trend downwards right now. Based on historical events there is a 66.67% chance of this. This may happen because the released value is > 1.745M
Historical events that allowed us to draw this conclusion
17 Mar 12:30 |
16 Dec 13:30 |
20 Jul 12:30 |
16 Apr 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).