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75.0% probability that USDCAD will trend down

75.0% probability that USDCAD will trend down

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”)

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