Germany Unemployment Rate News Event – a $411.048 opportunity on USDCAD

Past performance is not an indicator of future results.
We expect a $411.048 movement on USDCAD within the next 48 hours. We expect USDCAD to trend downwards 48 hours following the Unemployment Rate events in Germany release because the released value is = 5%. A price movement of 54 pips is expected.

Historical events that allowed us to draw this conclusion

04 Jan 08:55
31 Jul 08:55
29 Jun 08:55
27 Apr 08:55
29 Mar 08:55

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

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