Based on the last 12 Ivey PMI s.a events in Canada, we expect a $469.281 movement on USDCAD within the next 48 hours. We expect USDCAD to trend upwards for 48 hours because the released value is < 60.3
Historical events that allowed us to draw this conclusion
04 Oct 15:00 |
07 Aug 15:00 |
06 Jul 15:00 |
06 Jun 15:00 |
06 Feb 15:00 |
05 Jan 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
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