Based on the last 12 Industrial Production YoY events in Euro Area, we expect USDCAD to trend downwards later today. Based on these past events there is a 85.71% chance of this. This may happen if the released value is > -3.1%

Historical events that allowed us to draw this conclusion

12 Dec 10:00

13 Nov 10:00

13 Jun 09:00

14 May 09:00

12 Apr 09:00

13 Mar 10:00