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Based on the last 12 Housing Starts events in United States, we expect a 42 pip movement on USDCAD within 4 hours following the event release at 2023-05-17 12:30. We expect USDCAD to trend upwards 4 hours following the event release at 2023-05-17 12:30 if the released value is > 1.4M
Historical events that allowed us to draw this conclusion
18 Apr 12:30 |
16 Mar 12:30 |
20 Dec 13:30 |
20 Sep 12:30 |
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