DELKOS BREAKING NEWS: 80% probability that USDCAD will trend up for the next few hours.

The latest EMU Industrial Production YoY number has been released as -1.5%.
There is a 80% probability that USDCAD will trend up for the next few hours.

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