Based on the last 12 Durable Goods Orders MoM events in United States, we expect a $106.604 movement on USDCAD within 2 hours following the event release at 24 Apr 12:30. We expect USDCAD to trend downwards 2 hours following the event release at 24 Apr 12:30 if the released value is > -11.9%
Historical events that allowed us to draw this conclusion
25 Mar 12:30 |
27 Feb 13:30 |
28 Jan 13:30 |
27 Sep 12:30 |
26 Aug 12:30 |
25 Apr 12:30 |