Based on the last 12 Ivey PMI s.a events in Canada, we expect a $303.704 movement on USDCAD within the next 2 hours. We expect USDCAD to trend upwards for the next 2 hours because the released value is < 54.4 Historical events that allowed us to draw this conclusion
04 Oct 14:00 |
06 Mar 15:00 |
06 Feb 15:00 |
06 Dec 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
