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We expect UB to trend upwards today.

Based on the last 12 Continuing Jobless Claims events in United States, we expect UB to trend upwards later today. Based on these past events there is a 85.71% chance of this. We expect UB to trend upwards 2 hours following the event release at 09 Jan 13:30 if the released value is > 1720K. A price movement of 96 pips is expected.

Historical events that allowed us to draw this conclusion

02 Jan 13:30
26 Dec 13:30
19 Dec 13:30
05 Dec 13:30
21 Nov 13:30
31 Oct 12:30
24 Oct 12:30

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

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