Based on the last 12 ISM Manufacturing PMI events in United States, we expect USDCAD to trend downwards later today. Based on these past events there is a 77.78% chance of this. We expect USDCAD to trend downwards 2 hours following the event release at 01 Apr 14:00 if the released value is < 45. A price movement of 36 pips is expected. Historical events that allowed us to draw this conclusion

02 Mar 15:00

03 Jan 15:00

01 Nov 14:00

01 Oct 14:00

03 Sep 14:00

01 Aug 14:00

03 Jun 14:00