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We expect a 1320 pip movement on NIY for the next 48 hours.

Based on the last 12 Unemployment Rate events in Canada, we could see a $51645000 movement on NIY within the next 48 hours. NIY could trend upwards for the next 48 hours because the released value is < 6.6% Historical events that allowed us to draw this conclusion

09 Aug 12:30
10 May 12:30
09 Feb 13:30
05 Jan 13:30

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

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