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 75% chance of this. We expect USDCAD to trend downwards 2 hours following the event release at 30 Aug 07:00 if the released value is < 125. A price movement of 14 pips is expected. Historical events that allowed us to draw this conclusion

30 Jul 07:00

29 Jan 08:00

30 Oct 08:00