Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect a 87 pip movement on USDCAD within 2 hours following the event release at 14 Aug 14:00 UTC. We expect USDCAD to trend downwards 2 hours following the event release at 14 Aug 14:00 UTC if the released value is > 72

Historical events that allowed us to draw this conclusion

14 Feb 15:00

11 Oct 14:00