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We expect a 63 pip movement on EURUSD within 12 hours following the event release.

Based on the last 12 Unemployment Rate events in Canada, we expect EURUSD to trend downwards later today. Based on these past events there is a 83.33% chance of this. We expect EURUSD to trend downwards 12 hours following the event release at 2025-07-11 12:30 if the released value is < 7.1%. A price movement of 63 pips is expected. Historical events that allowed us to draw this conclusion

07 Mar 13:30
07 Feb 13:30
10 Jan 13:30
08 Nov 13:30
11 Oct 12:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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