We expect KC to trend upwards later today. Based on these past Canada Unemployment Rate news events there is a 66.67% chance of this. We expect this to happen if the released value is > 6.8%. A price movement of 270 pips is expected.
Historical events that allowed us to draw this conclusion
06 Sep 12:30 |
05 Jul 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
