We expect a $631 movement on USDCAD within the next 48 hours. We expect USDCAD to trend downwards 48 hours following the Inflation Rate MoM events in United States release because the released value is < 0.1%. A price movement of 86 pips is expected. Historical events that allowed us to draw this conclusion
15 May 12:30 |
14 Nov 13:30 |
12 Jul 12:30 |
13 Jun 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
