Based on the last 12 Retail Sales MoM events in United States, we expect USDCAD to trend downwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is < 0.6% Historical events that allowed us to draw this conclusion
18 Jun 12:30 |
15 May 12:30 |
15 Feb 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
