DELKOS 80% probability that USDCAD will trend up on Wednesday 15 Jan at 10:00 AM GMT if the EMU Industrial Production YoY number is less than -1.1%.

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  • DELKOS 80% probability that USDCAD will trend up on Wednesday 15 Jan at 10:00 AM GMT if the EMU Industrial Production YoY number is less than -1.1%.

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This Wednesday 15 Jan at 10:00 AM GMT the latest EMU Industrial Production YoY number will be released.
If the number is less than than economists’ consensus there is a 80% probability that USDCAD will trend up following the news event.

This probability is based on the last 12 EMU Industrial Production YoY events, in which 4 of the last 5 events where the actual number was less than than the economist consensus resulted in an up trend of USDCAD.

Here are images of the past events:

Monday 14 Oct at 09:00 AM GMT:

Wednesday 14 Aug at 09:00 AM GMT:

Wednesday 13 Feb at 10:00 AM GMT:

Monday 14 Jan at 10:00 AM GMT:

Disclaimer: Past performance may not be indicative of future performance

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