We expect a $435 movement on USDCAD within 4 hours following the release of Durable Goods Orders MoM at 2025-05-27 12:30. We expect USDCAD to trend upwards 4 hours following the event release at 2025-05-27 12:30 if the released value is > -7.8%. A price movement of 60 pips is expected.
Historical events that allowed us to draw this conclusion
24 Apr 12:30 |
26 Mar 12:30 |
27 Feb 13:30 |
25 Oct 12:30 |
26 Sep 12:30 |
27 Jun 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
