Based on the last 12 Unemployment Rate events in United Kingdom, we expect a $138 movement on USDCAD within 2 hours following the event release at 2025-01-21 07:00. We expect USDCAD to trend upwards 2 hours following the event release at 2025-01-21 07:00 if the released value is = 4.3%
Historical events that allowed us to draw this conclusion
17 Dec 07:00 |
10 Sep 06:00 |
14 May 06:00 |
16 Jan 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
