We expect USDCAD to trend downwards later today. Based on these past United States Existing Home Sales news events there is a 66.67% chance of this. We expect this to happen if the released value is < 6.44M. A price movement of 58 pips is expected. Historical events that allowed us to draw this conclusion

22 Dec 15:00

22 Sep 14:00

22 Jul 14:00

22 Apr 14:00