TradersNews 75% probability that USDCAD will trend up on Friday 05 Feb at 12:30 AM GMT if the AU Retail Sales MoM Final number is greater than -4.2%.

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This Friday 05 Feb at 12:30 AM GMT the latest AU Retail Sales MoM Final number will be released.
If the number is greater than than economists’ consensus there is a 75% probability that USDCAD will trend up following the news event.

This probability is based on the last 12 AU Retail Sales MoM Final events, in which 6 of the last 8 events where the actual number was greater than than the economist consensus resulted in an up trend of USDCAD.

Here are images of the past events:

Wednesday 04 Nov at 12:30 AM GMT:

Friday 02 Oct at 01:30 AM GMT:

Friday 03 Jul at 01:30 AM GMT:

Thursday 04 Jun at 01:30 AM GMT:

Friday 03 Apr at 12:30 AM GMT:

Saturday 11 Jan at 12:30 AM GMT:

Disclaimer: Past performance may not be indicative of future performance