Based on the last 12 PPI MoM events in United States, USDCAD could experience an downwards trend. Based on these past events there is a 75% chance of this, and the trend could last 2 hours because the released value is > 0.3%.
Historical events that allowed us to draw this conclusion
16 Feb 13:30 |
11 Oct 12:30 |
11 Aug 12:30 |
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