Based on the last 12 Personal Income MoM events in United States, we could see USDCAD trend upwards right now. Based on historical events there is a 80% chance of this. This may happen because the released value is > 0.4%
Historical events that allowed us to draw this conclusion
28 Mar 12:30 |
28 Feb 13:30 |
30 Aug 12:30 |
28 Jun 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
