We expect CRD 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 < 57.2. A price movement of 497 pips is expected. Historical events that allowed us to draw this conclusion
04 May 14:00 |
06 Jan 15:00 |
05 Aug 14:00 |
07 Jul 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
