Based on the last 12 Tankan Large Manufacturers Index events in Japan, we could see a $104 movement on USDCAD within the next 2 hours. We may see USDCAD trend upwards for 2 hours because the released value is > 6
Historical events that allowed us to draw this conclusion
13 Dec 23:50 |
31 Mar 23:50 |
30 Sep 23:50 |
31 Mar 23:50 |
13 Dec 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
