Based on past Canada Employment Change news events there is a 71.43% chance of 6J trending downwards. We expect this to happen if the released value is > 100K. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
12 Mar 13:30 |
04 Dec 13:30 |
07 Aug 12:30 |
05 Jun 12:30 |
08 May 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
