Based on the last 12 Continuing Jobless Claims events in United States, USDCAD could trend upwards later today. Based on these past events there is a 66.67% chance of this. If the released value is < 1310K we could see USDCAD trend upwards 4 hours following the event release at 30 Jun 12:30. Historical events that allowed us to draw this conclusion
12 May 12:30 |
05 May 12:30 |
21 Apr 12:30 |
14 Apr 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).