We expect a $346.348 movement on USDCAD within 12 hours following the release of Unemployment Rate at 28 Nov 23:30. We expect USDCAD to trend upwards 12 hours following the event release at 28 Nov 23:30 if the released value is = 2.4%. A price movement of 46 pips is expected.
Historical events that allowed us to draw this conclusion
30 May 23:30 |
31 Jan 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
