Want to know why USDCAD is going downwards for the next 48 hours?

Past performance is not an indicator of future results.
Based on the last 12 Consumer Confidence Flash events in Euro Area, we expect a $348.91 movement on USDCAD within the next 48 hours. We expect USDCAD to trend downwards for the next 48 hours because the released value is > -7.8

Historical events that allowed us to draw this conclusion

23 Oct 15:00
23 Jul 15:00

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

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