68 pip movement on USDCAD expected

Past performance is not an indicator of future results.
Based on the last 12 Continuing Jobless Claims events in United States, we expect a 68 pip movement on USDCAD for the next 48 hours. We expect USDCAD to trend downwards for 48 hours because the released value is < 1775K

Historical events that allowed us to draw this conclusion

07 Mar 13:30

21 Feb 13:30

14 Feb 13:30

31 Jan 13:30

24 Jan 13:30

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

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