Euro Area Industrial Production YoY News Event – a $63.644 opportunity on USDCAD
We expect a $63.644 movement on USDCAD within 2 hours following the release of Industrial Production YoY at 12 Jan 10:00. We expect USDCAD to trend downwards 2 hours following the event release at 12 Jan 10:00 if the released value is > 0.6%. A price movement of 8 pips is expected.Historical events that allowed us to draw this conclusion14…
