Based on the last 12 ZEW Economic Sentiment Index events in Germany, USDCAD may trend upwards for the next 12 hours. Based on these past events there is a 66.67% chance of this. This may happen because the released value is > 50.3
Historical events that allowed us to draw this conclusion
17 Jun 09:00 |
18 Mar 10:00 |
18 Feb 10:00 |
17 Dec 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
