If the released value is = 6.8% for the Unemployment Rate event, we could see a $324.019 movement on USDCAD within 4 hours following the release at 01 Jun 09:00. This movement may form an upwards trend for 4 hours following the event release at 01 Jun 09:00.
Historical events that allowed us to draw this conclusion
10 Jan 10:00 |
02 Dec 10:00 |
30 Sep 09:00 |
01 Sep 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
