Based on the last 12 Unemployment Rate events in Canada, we expect USDCAD to trend downwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is < 6.2% Historical events that allowed us to draw this conclusion
07 Jan 13:30 |
10 Sep 12:30 |
09 Apr 12:30 |
12 Mar 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
