Based on the last 12 Retail Sales MoM events in United States, we expect USDCAD to trend upwards later today. Based on these past events there is a 71.43% chance of this. This may happen if the released value is < -0.4% Historical events that allowed us to draw this conclusion
18 Jan 13:30 |
15 Dec 13:30 |
17 Aug 12:30 |
15 Jun 12:30 |
14 Apr 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
