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

The latest US Housing Starts number has been released as 1.739M.
There is a 80% probability that USDCAD will trend up for the next few hours.

This probability is based on the last 12 US Housing Starts events, in which 4 of the last 5 events where the actual number was greater than than the economist consensus resulted in an up trend of USDCAD.

Here are images of the past events:

Thursday 21 Jan at 01:30 PM GMT:

Thursday 17 Dec at 01:30 PM GMT:

Tuesday 18 Aug at 12:30 PM GMT:

Friday 17 Jul at 12:30 PM GMT:

Disclaimer: Past performance may not be indicative of future performance