Based on the last 12 ISM Non-Manufacturing PMI events in United States, we expect a $1114 movement on USDCAD within 48 hours following the event release at 2023-01-06 15:00. We expect USDCAD to trend upwards 48 hours following the event release at 2023-01-06 15:00 if the released value is < 55 Historical events that allowed us to draw this conclusion
03 Jun 14:00 |
04 May 14:00 |
05 Apr 14:00 |
03 Mar 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
