Based on the last 12 Philadelphia Fed Manufacturing Index events in US, we expect a $231.85 movement on USDCAD within 4 hours following the event release at 18 Apr 12:30.
We expect USDCAD to trend up 4 hours following the event release at 18 Apr 12:30 if the released value is >
Historical events that allowed us to draw this conclusion
21 Mar 12:30 |
18 Oct 12:30 |
20 Sep 12:30 |
19 Jul 12:30 |
17 May 12:30 |
19 Apr 12:30 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
