TradersNews 87.5% probability that USDCAD will trend down on Monday 01 Jun at 02:00 PM GMT if the US ISM Manufacturing PMI number is less than 43.6.

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  • TradersNews 87.5% probability that USDCAD will trend down on Monday 01 Jun at 02:00 PM GMT if the US ISM Manufacturing PMI number is less than 43.6.

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This Monday 01 Jun at 02:00 PM GMT the latest US ISM Manufacturing PMI number will be released.
If the number is less than than economists’ consensus there is a 87.5% probability that USDCAD will trend down following the news event.

This probability is based on the last 12 US ISM Manufacturing PMI events, in which 7 of the last 8 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:

Monday 02 Mar at 03:00 PM GMT:

Friday 03 Jan at 03:00 PM GMT:

Friday 01 Nov at 02:00 PM GMT:

Tuesday 01 Oct at 02:00 PM GMT:

Tuesday 03 Sep at 02:00 PM GMT:

Thursday 01 Aug at 02:00 PM GMT:

Monday 03 Jun at 02:00 PM GMT:

Disclaimer: Past performance may not be indicative of future performance

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