Based on the last 12 Unemployment Rate events in United Kingdom, we expect a $358 movement on USDCAD within 48 hours following the event release at 2024-12-17 07:00. We expect USDCAD to trend downwards 48 hours following the event release at 2024-12-17 07:00 if the released value is > 4.3%
Historical events that allowed us to draw this conclusion
11 Jun 06:00 |
16 Apr 06:00 |
12 Mar 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
