Based on past United Kingdom Claimant Count Change news events there is a 88.89% chance of USDCAD trending downwards. We expect this to happen if the released value is > 21.3K. A price movement of 57 pips is expected.
Historical events that allowed us to draw this conclusion
16 Jul 08:30 |
11 Jun 08:30 |
16 Apr 08:30 |
19 Mar 09:20 |
19 Feb 09:30 |
22 Jan 09:30 |
11 Dec 09:30 |
13 Nov 09:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
