Based on the last 12 ISM Manufacturing PMI events in United States, 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 < 48.5 Historical events that allowed us to draw this conclusion
01 Dec 15:00 |
02 May 14:00 |
01 Apr 14:00 |
04 Jan 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
