Based on the last 12 Non Farm Payrolls events in United States, we expect USDCAD to trend upwards later today. Based on these past events there is a 87.5% chance of this. This may happen if the released value is > 130K
Historical events that allowed us to draw this conclusion
02 May 12:30 |
04 Apr 12:30 |
10 Jan 13:30 |
06 Dec 13:30 |
04 Oct 12:30 |
05 Jul 12:30 |
07 Jun 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
