Based on the last 12 KOF Leading Indicators events in Switzerland, we expect a 13 pip movement on USDCAD within 2 hours following the event release at 28 Jan 08:00 UTC. We expect USDCAD to trend downwards 2 hours following the event release at 28 Jan 08:00 UTC if the released value is > 106.3

Historical events that allowed us to draw this conclusion

29 Oct 07:00

30 Sep 07:00

28 May 07:00

30 Apr 07:00

30 Mar 07:00

26 Feb 08:00