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Want to know why USDCAD is going up today?

Want to know why USDCAD is going up today?

Based on the last 12 Philadelphia Fed Manufacturing Index events in US, we expect a $231.85 movement on USDCAD within 4 hours following the event release at 18 Apr 12:30.
We expect USDCAD to trend up 4 hours following the event release at 18 Apr 12:30 if the released value is >

Historical events that allowed us to draw this conclusion

21 Mar 12:30
 
18 Oct 12:30
 
20 Sep 12:30
 
19 Jul 12:30
 
17 May 12:30
 
19 Apr 12:30
 

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

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