Based on the last 12 Housing Starts events in United States, we expect USDCAD to trend upwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is > 1.59M

Historical events that allowed us to draw this conclusion

16 Apr 12:30

17 Dec 13:30

18 Aug 12:30

17 Jul 12:30