Based on the last 12 Unemployment Rate events in Canada, S may trend downwards for the next 12 hours. Based on these past events there is a 75% chance of this. This may happen because the released value is > 6.8%
Historical events that allowed us to draw this conclusion
06 Dec 13:30![]() |
06 Sep 12:30![]() |
05 Jul 12:30![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).