USDCAD will trend downwards from 10 Apr 01:30

Past performance is not an indicator of future results.
We expect USDCAD to trend downwards later today. Based on these past Australia Westpac Consumer Confidence Index news events there is a 71.43% chance of this. We expect this to happen if the released value is > 97. A price movement of 9 pips is expected.

Historical events that allowed us to draw this conclusion

12 Feb 23:30
11 Dec 23:30
13 Nov 23:30
11 Jul 01:30
14 Mar 00:30

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

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