Based on the last 12 ISM Manufacturing PMI events in United States, we expect a $947.9 movement on USDCAD within 48 hours following the event release at 02 Dec 02:00. We expect USDCAD to trend downwards 48 hours following the event release at 02 Dec 02:00 if the released value is < 58 Historical events that allowed us to draw this conclusion

02 Oct 00:00	02 Jun 00:00
03 Mar 02:00	03 Dec 02:00

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