
The latest US ISM Manufacturing PMI number has been released as 43.1.
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 ISM Manufacturing PMI events, in which 7 of the last 8 events where the actual number was less than than the economist consensus resulted in an down trend of USDCAD.
Here are images of the past events:
Monday 02 Mar at 03:00 PM GMT:
Friday 03 Jan at 03:00 PM GMT:
Friday 01 Nov at 02:00 PM GMT:
Tuesday 01 Oct at 02:00 PM GMT:
Tuesday 03 Sep at 02:00 PM GMT:
Thursday 01 Aug at 02:00 PM GMT:
Monday 03 Jun at 02:00 PM GMT:
Disclaimer: Past performance may not be indicative of future performance