Based on the last 12 Durable Goods Orders MoM events in United States, USDCAD could trend downwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is > 0%
Historical events that allowed us to draw this conclusion
23 Dec 13:30 |
27 Oct 12:30 |
27 Sep 12:30 |
25 Aug 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
