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This Friday 21 Feb at 03:00 PM GMT the latest US Existing Home Sales number will be released.
If the number is less than than economists’ consensus there is a 85.71% probability that USDCAD will trend down following the news event.
This probability is based on the last 12 US Existing Home Sales events, in which 3 of the last 7 events where the actual number was less than than the economist consensus resulted in an down trend of USDCAD.
Here are images of the past events:
Tuesday 22 Oct at 02:00 PM GMT:
Tuesday 23 Jul at 02:00 PM GMT:
Monday 22 Apr at 02:00 PM GMT:
Disclaimer: Past performance may not be indicative of future performance