Based on the last 12 KOF Leading Indicators events in Switzerland, we expect USDCAD to trend downwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is < 110 Historical events that allowed us to draw this conclusion

30 Aug 17:00	30 Jul 17:00
29 Jan 19:00	30 Oct 19:00

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