Based on the last 12 Continuing Jobless Claims events in United States, we expect a 8 pip movement on USDCAD within 48 hours following the event release at 01 Aug 12:30 UTC. We expect USDCAD to trend upwards 48 hours following the event release at 01 Aug 12:30 UTC if the released value is < 1678K Historical events that allowed us to draw this conclusion
25 Jul 12:30 |
20 Jun 12:30 |
30 May 12:30 |
16 May 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
