Based on the last 12 Unemployment Rate events in Japan, USDCAD could trend upwards later today. Based on these past events there is a 85.71% chance of this. If the released value is < 2.7% we could see USDCAD trend upwards 2 hours following the event release at 25 Apr 23:30. Historical events that allowed us to draw this conclusion
28 Mar 23:30 |
31 Jan 23:30 |
29 Nov 23:30 |
30 Sep 23:30 |
30 Aug 23:30 |
29 Jul 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
