Australia Westpac Consumer Confidence Index News Event – a possible $52.942 movement on USDCAD

Past performance is not an indicator of future results.
Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect a $52.942 movement on USDCAD within the next 12 hours. We expect USDCAD to trend downwards for 12 hours because the released value is > 99.2

Historical events that allowed us to draw this conclusion

11 Dec 23:30

11 Jul 01:30

13 Jun 01:30

14 Mar 00:30

13 Feb 23:45

17 Jan 23:30

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

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