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We expect a $1078 movement on USDCAD within the next 48 hours.

We expect USDCAD to trend upwards for the next 48 hours. Based on these past Australia Unemployment Rate news events there is a 71.43% chance of this. We expect this to happen because the released value is < 3.5%. A price movement of 138 pips is expected. Historical events that allowed us to draw this conclusion

14 Jul 01:30
20 Jan 00:30
16 Dec 00:30
16 Sep 01:30
19 Aug 01:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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