TradersNews 85.71% probability that USDCAD will trend down on Thursday 20 Feb at 01:30 PM GMT if the US Philadelphia Fed Manufacturing Index number is greater than 12.

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TradersNews 85.71% probability that USDCAD will trend down on Thursday 20 Feb at 01:30 PM GMT if the US Philadelphia Fed Manufacturing Index number is greater than 12.

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This Thursday 20 Feb at 01:30 PM GMT the latest US Philadelphia Fed Manufacturing Index number will be released.
If the number is greater 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 Philadelphia Fed Manufacturing Index events, in which 2 of the last 7 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:

View forecasts

Thursday 21 Nov at 01:30 PM GMT:

Thursday 19 Sep at 12:30 PM GMT:

Disclaimer: Past performance may not be indicative of future performance

February 20, 2020
By:Delkos Research
Category:Tradersnews_en_GB
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TradersNews 85.71% probability that USDCAD will trend down on Thursday 20 Feb at 01:30 PM GMT if the US Philadelphia Fed Manufacturing Index number is greater than 12.

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