Based on the last 12 Employment Change events in Australia, we expect USDCAD to trend upwards right now. Based on these past events there is a 71.43% chance of this. This will happen because the released value is > 20K
Historical events that allowed us to draw this conclusion
13 Sep 02:30 |
17 May 02:30 |
15 Feb 00:30 |
18 Jan 00:30 |
14 Dec 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
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