Based on the last 12 KOF Leading Indicators events in Switzerland, we expect USDCAD to trend downwards later today. Based on these past events there is a 71.43% chance of this. This may happen if the released value is < 91.3 Historical events that allowed us to draw this conclusion

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

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