Based on the last 12 Unemployment Rate events in CA, we expect a $456.41 movement on USDCAD within 4 hours following the event release at 05 Oct 12:30.
We expect USDCAD to trend down 4 hours following the event release at 05 Oct 12:30 if the released value is < 5.9%
Historical events that allowed us to draw this conclusion
09 Mar 13:30 |
05 Jan 13:30 |
01 Dec 13:30 |
06 Oct 12:30 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
