We expect a $356.357 movement on USDCAD within 2 hours following the release of Business Confidence at 28 May 19:00. We expect USDCAD to trend upwards 2 hours following the event release at 28 May 19:00 if the released value is < -3. A price movement of 49 pips is expected. Historical events that allowed us to draw this conclusion

29 Apr 19:25	30 Mar 20:00
30 Jan 21:00	08 Jan 21:00
27 Jun 19:00	28 May 19:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).