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We expect USDCAD to trend downwards for the next 48 hours.

Based on the last 12 Ivey PMI s.a events in Canada, we expect USDCAD to trend downwards for the next 48 hours. Based on these past events there is a 71.43% chance of this. This may happen because the released value is > 50

Historical events that allowed us to draw this conclusion

07 Oct 14:00
08 Sep 14:00
07 Apr 14:00
05 Mar 15:00
05 Feb 15:00

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

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AUS200 is approaching the support line of a Support. It has touched this line numerous times in the last 4 days.

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3m Co. hits 160.93 after a 3.07% move spanning 3 days

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