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This Friday 06 Aug at 02:00 PM GMT the latest CA Ivey PMI s.a number will be released.
If the number is greater than than economists’ consensus there is a 83.33% probability that USDCAD will trend down following the news event.

This probability is based on the last 12 CA Ivey PMI s.a events, in which 5 of the last 6 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 07 Apr at 02:00 PM GMT:

Friday 05 Mar at 03:00 PM GMT:

Friday 05 Feb at 03:00 PM GMT:

Friday 06 Nov at 03:00 PM GMT:

Friday 07 Aug at 02:00 PM GMT:

Disclaimer: Past performance may not be indicative of future performance