Want to know why USDCAD is going downwards for the next 2 hours?

Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect a $175.659 movement on USDCAD within the next 2 hours. We expect USDCAD to trend downwards for the next 2 hours because the released value is > 32

Historical events that allowed us to draw this conclusion

07 Dec 10:00
16 Mar 10:00
16 Feb 10:00
19 Jan 10:00