Based on the last 12 Consumer Confidence events in Japan, we expect USDCAD to trend downwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is > 36.6
Historical events that allowed us to draw this conclusion
31 Jul 05:00 |
01 Mar 05:00 |
31 Jan 05:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
