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We expect USDCAD to trend upwards today with a 75% chance.

Based on the last 12 Tankan Large Manufacturers Index events in Japan, we expect a $145 movement on USDCAD within 4 hours following the event release at 2025-03-31 23:50. We expect USDCAD to trend upwards 4 hours following the event release at 2025-03-31 23:50 if the released value is > 12

Historical events that allowed us to draw this conclusion

12 Dec 23:50
30 Jun 23:50
31 Mar 23:50
12 Dec 23:50
01 Oct 23:50
13 Dec 23:50

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

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We expect UB to trend upwards today with a 75% chance.

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