We expect USDCAD to trend downwards later today. Based on these past United States Michigan Consumer Sentiment Prel news events there is a 71.43% chance of this. We expect this to happen if the released value is > 60. A price movement of 40 pips is expected.
Historical events that allowed us to draw this conclusion
10 Feb 15:00 |
13 Jan 15:00 |
09 Dec 15:00 |
12 Aug 14:00 |
15 Jul 14:00 |
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