We expect USDCAD to trend upwards later today. Based on these past Australia Westpac Consumer Confidence Index news events there is a 71.43% chance of this. We expect this to happen if the released value is > 114. A price movement of 12 pips is expected.
Historical events that allowed us to draw this conclusion
14 Apr 00:30 |
09 Mar 23:30 |
09 Feb 23:30 |
13 Oct 23:30 |
09 Sep 00:30 |