Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect a $3,344.627 movement on USDCAD within 48 hours following the event release at 16 Mar 21:00. We expect USDCAD to trend upwards 48 hours following the event release at 16 Mar 21:00 if the released value is < 74 Historical events that allowed us to draw this conclusion

10 Nov 21:00	13 Oct 20:00
17 Mar 21:00

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