Based on the last 12 Non Farm Payrolls events in United States, we expect USDCAD to trend upwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is > 200K
Historical events that allowed us to draw this conclusion
07 Oct 12:30 |
08 Jul 12:30 |
03 Jun 12:30 |
06 May 12:30 |
04 Mar 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
