Based on the last 12 PPI MoM events in United States, we could see a $190 movement on USDCAD within the next 2 hours. We may see USDCAD trend downwards for 2 hours because the released value is < 0.1% Historical events that allowed us to draw this conclusion
12 Jan 13:30 |
15 Nov 13:30 |
13 Jul 12:30 |
14 Jun 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
