Based on the last 12 Ifo Business Climate events in Germany, we expect a $48.743 movement on USDCAD within 2 hours following the event release at 24 Jun 08:00. We expect USDCAD to trend downwards 2 hours following the event release at 24 Jun 08:00 if the released value is < 100.6 Historical events that allowed us to draw this conclusion

26 Apr 08:00

25 Jan 09:00

26 Oct 09:00