Based on the last 12 Unemployment Rate events in United Kingdom, we expect a $430.743 movement on USDCAD within 4 hours following the event release at 15 Oct 08:30. We expect USDCAD to trend downwards 4 hours following the event release at 15 Oct 08:30 if the released value is < 3.8% Historical events that allowed us to draw this conclusion
10 Sep 08:30 |
19 Mar 09:20 |
22 Jan 09:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).