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”).