Based on the last 12 Retail Sales MoM events in United States, USDCAD may trend downwards 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 > -0.3%
Historical events that allowed us to draw this conclusion
|17 Oct 12:30
|14 Sep 12:30
|15 Jun 12:30
|15 Feb 13:30
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).