TradersNews 83.33% probability that USDCAD will trend down on Tuesday 18 Aug at 12:30 PM GMT if the US Housing Starts number is greater than 1.24M.

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  • TradersNews 83.33% probability that USDCAD will trend down on Tuesday 18 Aug at 12:30 PM GMT if the US Housing Starts number is greater than 1.24M.

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This Tuesday 18 Aug at 12:30 PM GMT the latest US Housing Starts 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 Housing Starts events, in which 1 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:

Tuesday 17 Dec at 01:30 PM GMT:

Disclaimer: Past performance may not be indicative of future performance

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