What to trade around United States Durable Goods Orders MoM news event
Based on the last 12 Durable Goods Orders MoM events in United States, we expect USDCAD to trend downwards later today. Based on these past events there is a 75% chance of this. We expect USDCAD to trend downwards 2 hours following the event release at 27 Oct 12:30 if the released value is > 0.5%. A price movement of…