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We expect NKD to trend downwards today with a 80% chance.

Based on the last 12 Non Farm Payrolls events in United States, we expect NKD to trend downwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is < 130K Historical events that allowed us to draw this conclusion

07 Mar 13:30
07 Feb 13:30
06 Sep 12:30
02 Aug 12:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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We expect USDCAD to trend upwards today with a 87.5% chance.

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