Based on the last 12 PPI MoM events in United States, USDCAD may trend upwards for the next 48 hours. Based on these past events there is a 80% chance of this. This may happen because the released value is < 0.3% Historical events that allowed us to draw this conclusion
11 Oct 12:30 |
13 Jun 12:30 |
11 Apr 12:30 |
12 Jan 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
