What to trade around Australia Retail Sales MoM news event
Based on the last 12 Retail Sales MoM events in Australia, we expect USDCAD to trend upwards later today. Based on these past events there is a 75% chance of this. We expect USDCAD to trend upwards 2 hours following the event release at 05 Feb 00:30 if the released value is > -4.2%. A price movement of 91 pips…
