Based on the last 12 Continuing Jobless Claims events in United States, we expect a 30 pip movement on USDCAD within 48 hours following the event release at 05 Sep 12:30 UTC. We expect USDCAD to trend upwards 48 hours following the event release at 05 Sep 12:30 UTC if the released value is < 1685K Historical events that allowed us to draw this conclusion
29 Aug 12:30 |
22 Aug 12:30 |
25 Jul 12:30 |
20 Jun 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
