We expect USDCAD to trend downwards for the next 2 hours. Based on these past United States Michigan Consumer Sentiment Prel news events there is a 66.67% chance of this. We expect this to happen because the released value is > 52.5. A price movement of 9 pips is expected.

Historical events that allowed us to draw this conclusion

15 Jul 14:00

10 Dec 15:00