Canada Ivey PMI s.a News Event – a $689.766 opportunity on USDCAD

We expect a $689.766 movement on USDCAD within 2 hours following the release of Ivey PMI s.a at 07 May 14:00. We expect USDCAD to trend downwards 2 hours following the event release at 07 May 14:00 if the released value is < 67. A price movement of 84 pips is expected. Historical events that allowed us to draw this conclusion

07 Dec 15:00
07 Oct 14:00
04 Sep 14:00
07 May 14:00