Based on the last 12 KOF Leading Indicators events in Switzerland, we expect USDCAD to trend downwards. Based on these past events there is a 85.71% chance of this. We expect USDCAD to trend downwards for 2 hours because the released value is > 106.4. A price movement of 13 pips is expected.

Historical events that allowed us to draw this conclusion

29 Oct 07:00

30 Sep 07:00

28 May 07:00

30 Apr 07:00

30 Mar 07:00

26 Feb 08:00