Based on past Australia Unemployment Rate news events there is a 80% chance of USDCAD trending upwards. We expect this to happen if the released value is < 3.6%. A price movement of 76 pips is expected. Historical events that allowed us to draw this conclusion
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14 Jul 01:30 |
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16 Dec 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).