Based on the last 12 Consumer Confidence Flash events in Euro Area, we expect USDCAD to trend upwards later today. Based on these past events there is a 85.71% chance of this. This will happen if the released value is < -7 Historical events that allowed us to draw this conclusion
20 Jun 14:00 |
23 Apr 14:00 |
21 Mar 15:00 |
21 Dec 15:00 |
20 Sep 14:00 |
23 Aug 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
