Based on the last 12 Unemployment Rate events in Canada, we expect a $1.196 movement on FV within 2 hours following the event release at 06 Sep 12:30. We expect FV to trend downwards 2 hours following the event release at 06 Sep 12:30 if the released value is = 5.7%
Historical events that allowed us to draw this conclusion
05 Jul 12:30 |
08 Mar 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
