TradersNews 83.33% probability that USDCAD will trend down on Friday 14 Feb at 03:00 PM GMT if the US Michigan Consumer Sentiment Prel number is greater than 99.5.

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This Friday 14 Feb at 03:00 PM GMT the latest US Michigan Consumer Sentiment Prel number will be released.
If the number is greater than than economists’ consensus there is a 83.33% probability that USDCAD will trend down following the news event.

This probability is based on the last 12 US Michigan Consumer Sentiment Prel events, in which 4 of the last 6 events where the actual number was greater than than the economist consensus resulted in an down trend of USDCAD.

Here are images of the past events:

Friday 11 Oct at 02:00 PM GMT:

Friday 17 May at 02:00 PM GMT:

Friday 15 Mar at 02:00 PM GMT:

Friday 15 Feb at 03:00 PM GMT:

Disclaimer: Past performance may not be indicative of future performance