Based on the last 12 JOLTs Job Openings events in United States, we expect USDCAD to trend downwards later today. Based on these past events there is a 83.33% chance of this. We expect USDCAD to trend downwards 12 hours following the event release at 2024-12-03 15:00 if the released value is > 7.48M. A price movement of 23 pips is expected.
Historical events that allowed us to draw this conclusion
01 Oct 14:00 |
30 Jul 14:00 |
02 Jul 14:00 |
02 Apr 14:00 |
30 Jan 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
