Based on the last 12 Unemployment Rate events in Germany, we expect USDCAD to trend upwards later today. Based on these past events there is a 71.43% chance of this. This may happen if the released value is = 5.5%
Historical events that allowed us to draw this conclusion
31 Aug 07:55 |
29 Jul 07:55 |
03 May 07:55 |
31 Mar 07:55 |
30 Nov 08:55 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
