United States Retail Sales MoM News Event – a possible $377.7 movement on USDCAD
Based on the last 12 Retail Sales MoM events in United States, we expect a $377.7 movement on USDCAD within 4 hours following the event release at 15 Feb 00:30. We expect USDCAD to trend downwards 4 hours following the event release at 15 Feb 00:30 if the released value is > 0.3%
Historical events that allowed us to draw this conclusion
|16 Nov 00:30
||18 Apr 22:30
|11 Mar 23:30
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).