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We expect BO to trend upwards today with a 66.67% chance.

We expect BO to trend upwards later today. Based on these past Canada Ivey PMI s.a news events there is a 66.67% chance of this. We expect this to happen if the released value is < 43. A price movement of 10 pips is expected. Historical events that allowed us to draw this conclusion

07 May 14:00
07 Apr 14:00
07 Jan 15:00
05 Jul 14:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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