Based on the last 12 Employment Change events in AU, we expect USDCAD to trend down later today. Based on these past events there is a 80.0% of this.
This will happen if the released value is < 15K
Historical events that allowed us to draw this conclusion
16 Aug 01:30 |
14 Jun 01:30 |
19 Apr 01:30 |
16 Nov 00:30 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
