27 pip movement on USDCAD expected

La performance passata non è un indicatore delle performance future.
Based on the last 12 Unemployment Rate events in Canada, we expect a 27 pip movement on USDCAD for the next 12 ore. We expect USDCAD to trend downwards for 12 hours because the released value is > 5.7%

Historical events that allowed us to draw this conclusion

06 Jul 13:30
09 Feb 13:30

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

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