Based on the last 12 Employment Change events in Canada, we expect a 3,862 pip movement on S for the next 12 hours. We expect S to trend upwards for 12 hours because the released value is < 100K Historical events that allowed us to draw this conclusion
06 Aug 12:30 |
04 Jun 12:30 |
07 May 12:30 |
08 Jan 13:30 |
04 Sep 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
