Are you on the right side of United States ISM Non-Manufacturing PMI news event?

Past performance is not an indicator of future results.
Based on the last 12 ISM Non-Manufacturing PMI events in United States, we expect USDCAD to trend downwards. Based on these past events there is a 75% chance of this. We expect USDCAD to trend downwards for 12 hours because the released value is < 57.2. A price movement of 39 pips is expected.

Historical events that allowed us to draw this conclusion

07 Jan 15:00

03 May 15:00

04 Apr 15:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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