Trade with an edge around todays United States ISM Manufacturing PMI news event

Past performance is not an indicator of future results.
Based on past United States ISM Manufacturing PMI news events there is a 66.67% chance of USDCAD trending upwards. We expect this to happen because the released value is > 54.2. A price movement of 110 pips is expected.

Historical events that allowed us to draw this conclusion

03 Dec 15:00
01 Jun 15:00
01 Mar 15:00
01 Feb 15:00

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

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