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We expect a $273 movement on USDCAD within 12 hours following the release of GfK Consumer Confidence at 2023-02-24 00:01. We expect USDCAD to trend upwards 12 hours following the event release at 2023-02-24 00:01 if the released value is > -43. A price movement of 37 pips is expected.
Historical events that allowed us to draw this conclusion
16 Dec 00:01 |
18 Nov 00:01 |
20 Oct 23:01 |
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