Germany Markit Manufacturing PMI Flash News Event – a possible $239.536 movement on USDCAD

Past performance is not an indicator of future results.
Based on the last 12 Markit Manufacturing PMI Flash events in Germany, we expect a $239.536 movement on USDCAD within the next 48 hours. We expect USDCAD to trend upwards for 48 hours because the released value is < 51.3

Historical events that allowed us to draw this conclusion

14 Dec 08:30
23 Nov 08:30
24 Oct 08:30
21 Sep 08:30
23 May 08:30

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