We expect USDCAD to trend downwards for the next 2 hours. Based on these past United States Personal Income MoM news events there is a 80% chance of this. We expect this to happen because the released value is = 0.3%. A price movement of 39 pips is expected.
Historical events that allowed us to draw this conclusion
22 Dec 13:30 |
30 Nov 13:30 |
26 May 12:30 |
27 Jan 13:30 |
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