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We expect a 89 pip movement on USDCAD within 48 hours following the event release.

Based on the last 12 Unemployment Rate events in United States, we expect a 89 pip movement on USDCAD within 48 hours following the event release at 04 Oct 12:30 UTC. We expect USDCAD to trend downwards 48 hours following the event release at 04 Oct 12:30 UTC if the released value is = 3.7%

Historical events that allowed us to draw this conclusion

06 Sep 12:30
02 Aug 12:30
07 Jun 12:30
05 Apr 12:30

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

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We expect a 63 pip movement on NZDUSD within 48 hours following the event release.

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We expect ZT to trend downwards today.

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