Based on the last 12 Deposit Facilty Rate events in Euro Area, 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 = 2%
Historical events that allowed us to draw this conclusion
06 Mar 13:15 |
30 Jan 13:15 |
12 Dec 13:15 |
17 Oct 12:15 |
18 Jul 12:15 |
06 Jun 12:15 |
11 Apr 12:15 |
07 Mar 13:15 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
