Based on the last 12 ISM Non-Manufacturing PMI events in United States, we expect USDCAD to trend upwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is > 53.3

Historical events that allowed us to draw this conclusion

06 Oct 01:00	07 Sep 00:00
04 Aug 00:00	04 Feb 02:00

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