Based on past Switzerland KOF Leading Indicators news events there is a 66.67% chance of USDCAD trending downwards. We expect this to happen if the released value is < 89. A price movement of 17 pips is expected. Historical events that allowed us to draw this conclusion

30 May 17:00	30 Mar 18:00
28 Feb 19:00	30 Aug 17:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).