Based on the last 12 Retail Sales MoM events in United States, we expect a $203 movement on USDCAD within 4 hours following the event release at 2022-11-16 13:30. We expect USDCAD to trend upwards 4 hours following the event release at 2022-11-16 13:30 if the released value is > 1%
Historical events that allowed us to draw this conclusion
15 Sep 12:30 |
16 Feb 13:30 |
16 Nov 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
