
The latest US Durable Goods Orders MoM number has been released as -0.2.
There is a 87.5% probability that USDCAD will trend down for the next few hours.
This probability is based on the last 12 US Durable Goods Orders MoM events, in which 5 of the last 8 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:
Tuesday 28 Jan at 01:30 PM GMT:
Friday 27 Sep at 12:30 PM GMT:
Monday 26 Aug at 12:30 PM GMT:
Thursday 25 Apr at 12:30 PM GMT:
Wednesday 13 Mar at 12:30 PM GMT:
Disclaimer: Past performance may not be indicative of future performance