United States Philadelphia Fed Manufacturing Index News Event – a $296.248 opportunity on USDCAD

We expect a $296.248 movement on USDCAD within 2 hours following the release of Philadelphia Fed Manufacturing Index at 20 Jan 13:30. We expect USDCAD to trend downwards 2 hours following the event release at 20 Jan 13:30 if the released value is < 20. A price movement of 37 pips is expected. Historical events that allowed us to draw this conclusion

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15 Jul 12:30
17 Jun 12:30
20 May 12:30