Based on the last 12 Unemployment Rate events in United Kingdom, 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 > 4.7%
Historical events that allowed us to draw this conclusion
17 Jul 06:00 |
12 Nov 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
