Based on the last 12 KOF Leading Indicators events in Switzerland, we expect USDCAD to trend upwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is > 90.5

Historical events that allowed us to draw this conclusion

30 Jun 17:00	29 Apr 17:00
28 Jan 19:00	30 Dec 19:00

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