Canada Ivey PMI s.a News Event – a possible $167.42 movement on USDCAD

Based on the last 12 Ivey PMI s.a events in Canada, we expect a $167.42 movement on USDCAD within the next 2 hours. We expect USDCAD to trend downwards for 2 hours because the released value is < 70 Historical events that allowed us to draw this conclusion

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