Based on the last 12 ISM Non-Manufacturing PMI events in United States, we expect USDCAD to trend downwards later today. Based on these past events there is a 85.71% chance of this. We expect USDCAD to trend downwards 2 hours following the event release at 05 Feb 15:00 if the released value is < 55. A price movement of 45 pips is expected. Historical events that allowed us to draw this conclusion

04 Dec 15:00

03 Oct 14:00

05 Aug 14:00

03 Jul 14:00

03 Apr 14:00

05 Feb 15:00