Based on the last 12 Ifo Business Climate events in Germany, we expect a $86.313 movement on USDCAD within 2 hours following the event release at 22 Feb 09:00. We expect USDCAD to trend downwards 2 hours following the event release at 22 Feb 09:00 if the released value is > 96.5

Historical events that allowed us to draw this conclusion

25 Jan 09:00

24 Jun 08:00

25 May 08:00

22 Feb 09:00