Based on the last 12 Ifo Business Climate events in Germany, we expect USDCAD to trend upwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is > 89.0
Historical events that allowed us to draw this conclusion
24 Jun 08:00 |
22 May 08:00 |
24 Apr 08:00 |
25 Oct 08:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
