Based on past United States Retail Sales MoM news events there is a 80% chance of USDCAD trending upwards. We expect this to happen because the released value is > 0.2%. A price movement of 28 pips is expected.
Historical events that allowed us to draw this conclusion
15 Sep 12:30 |
16 Feb 13:30 |
16 Nov 13:30 |
15 Oct 12:30 |
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