Past performance is not an indicator of future results.
Based on past Canada Ivey PMI s.a news events there is a 71.43% chance of USDCAD trending upwards. We expect this to happen because the released value is < 55.1. A price movement of 56 pips is expected.
Historical events that allowed us to draw this conclusion
06 Feb 15:00 |
04 Oct 15:00 |
07 Aug 15:00 |
06 Jun 15:00 |
06 Apr 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
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