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This Thursday 03 Sep at 02:00 PM GMT the latest US ISM Non-Manufacturing PMI number will be released.
If the number is greater than than economists’ consensus there is a 70% probability that USDCAD will trend down following the news event.

This probability is based on the last 12 US ISM Non-Manufacturing PMI events, in which 4 of the last 10 events where the actual number was greater than than the economist consensus resulted in an down trend of USDCAD.

Here are images of the past events:

Wednesday 03 Jun at 02:00 PM GMT:

Tuesday 05 May at 02:00 PM GMT:

Wednesday 05 Feb at 03:00 PM GMT:

Tuesday 07 Jan at 03:00 PM GMT:

Disclaimer: Past performance may not be indicative of future performance