Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect USDCAD to trend upwards later today. Based on these past events there is a 71.43% chance of this. We expect USDCAD to trend upwards 2 hours following the event release at 13 May 00:30 if the released value is < 65. A price movement of 12 pips is expected. Historical events that allowed us to draw this conclusion

15 Apr 00:30

21 Jan 23:30

10 Dec 23:30

10 Jul 00:30

12 Jun 00:30