Based on the last 12 Durable Goods Orders MoM events in United States, we expect USDCAD to trend upwards later today. Based on these past events there is a 80% chance of this. We expect USDCAD to trend upwards 2 hours following the event release at 2022-11-23 13:30 if the released value is > 0.4%. A price movement of 40 pips is expected.
Historical events that allowed us to draw this conclusion
27 Sep 12:30 |
27 Jul 12:30 |
27 Jun 12:30 |
25 Feb 13:30 |
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