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We expect a $300.627 movement on USDCHF within 48 hours following the event release at 11 Oct 12:30.

Based on the last 12 Unemployment Rate events in Canada, we expect a $300.627 movement on USDCHF within 48 hours following the event release at 11 Oct 12:30. We expect USDCHF to trend upwards 48 hours following the event release at 11 Oct 12:30 if the released value is = 5.7%

Historical events that allowed us to draw this conclusion

06 Sep 12:30
05 Jul 12:30
08 Mar 13:30
05 Oct 12:30

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

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We expect USDCAD to trend upwards today.

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We expect a 0 pip movement on 6M within 48 hours following the event release.

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