Want to know why USDCAD is going upwards today?

Past performance is not an indicator of future results.
Based on the last 12 ECB Interest Rate Decision events in Euro Area, we expect a $375.235 movement on USDCAD within 48 hours following the event release at 10 Apr 12:45. We expect USDCAD to trend upwards 48 hours following the event release at 10 Apr 12:45 if the released value is = 0%

Historical events that allowed us to draw this conclusion

13 Dec 12:45
25 Oct 12:45
13 Sep 12:45
26 Jul 12:45
14 Jun 12:45
26 Apr 12:45
25 Jan 12:45
14 Dec 12:45
26 Oct 12:45

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

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