Based on the last 12 Unemployment Rate events in United Kingdom, we expect a $132 movement on USDCAD within 4 hours following the event release at 2023-02-14 07:00. We expect USDCAD to trend upwards 4 hours following the event release at 2023-02-14 07:00 if the released value is = 3.7%
Historical events that allowed us to draw this conclusion
17 Jan 07:00 |
13 Dec 07:00 |
16 Aug 06:00 |
12 Apr 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
