Germany Ifo Business Climate News Event – a possible $77.037 movement on USDCAD

Based on the last 12 Ifo Business Climate events in Germany, a $77.037 movement on USDCAD may occur within 2 hours following the event release at 24 Jun 08:00. USDCAD could trend downwards 2 hours following the event release at 24 Jun 08:00 if the released value is > 92.9

Historical events that allowed us to draw this conclusion

23 May 08:00
22 Feb 09:00
25 Jan 09:00
24 Jun 08:00