Based on the last 12 Ivey PMI s.a events in Canada, we expect USDJPY to trend upwards later today. Based on these past events there is a 71.43% chance of this. This may happen if the released value is > 53.1
Historical events that allowed us to draw this conclusion
04 Oct 14:00 |
07 May 14:00 |
05 Apr 14:00 |
05 Jan 15:00 |
06 Dec 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
