We expect USDJPY to trend downwards for the next 2 hours. Based on these past Canada Ivey PMI s.a news events there is a 85.71% chance of this. We expect this to happen because the released value is > 58.7. A price movement of 25 pips is expected.

Historical events that allowed us to draw this conclusion

08 Sep 14:00

07 Jul 14:00

07 Apr 14:00

05 Mar 15:00

05 Feb 15:00

06 Nov 15:00