Based on the last 12 ISM Manufacturing PMI events in United States, we expect USDCAD to trend upwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is < 59 Historical events that allowed us to draw this conclusion

05 Jan 02:00	03 Aug 00:00
02 Jul 00:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).