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There is a 80% chance of BZ trending upwards

Based on the last 12 Unemployment Rate events in Canada, BZ could experience an upwards trend. Based on these past events there is a 80% chance of this, and the trend could last 48 hours because the released value is < 6.2%. Historical events that allowed us to draw this conclusion

09 Feb 13:30
06 Oct 12:30
08 Sep 12:30
05 May 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 EURUSD to trend upwards with a 83.33% chance.

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We expect USDJPY to trend upwards with a 71.43% chance.

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