Based on past Canada Ivey PMI s.a news events there is a 75% chance of CL trending downwards. We expect this to happen because the released value is > 52. A price movement of 156 pips is expected.
Historical events that allowed us to draw this conclusion
04 Feb 15:00 |
08 Sep 14:00 |
07 Jul 14:00 |
07 Apr 14:00 |
05 Mar 15:00 |
05 Feb 15:00 |