We expect a $730 movement on USDCAD within 12 hours following the release of ZEW Economic Sentiment Index at 2025-05-13 09:00. We expect USDCAD to trend downwards 12 hours following the event release at 2025-05-13 09:00 if the released value is < 13.7. A price movement of 102 pips is expected. Historical events that allowed us to draw this conclusion
21 Jan 10:00 |
12 Nov 10:00 |
13 Aug 09:00 |
16 Jul 09:00 |
18 Jun 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
