Based on the last 12 Unemployment Rate events in US, we expect USDCAD to trend down later today. Based on these past events there is a 75.0% of this.
This will happen if the released value is > 3.8%
Historical events that allowed us to draw this conclusion
01 Feb 13:30 |
04 Jan 13:30 |
06 Jul 12:30 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
