Want to know why USDCAD is going upwards today?

La performance passata non è un indicatore delle performance future.
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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