Want to know why USDCAD is going downwards today?

Based on the last 12 Claimant Count Change events in United Kingdom, we expect a $328.236 movement on USDCAD within 12 hours following the event release at 11 Dec 09:30. We expect USDCAD to trend downwards 12 hours following the event release at 11 Dec 09:30 if the released value is > 13.2K

Historical events that allowed us to draw this conclusion

13 Nov 09:30

16 Oct 09:30

14 Aug 09:30

17 Apr 09:30

21 Mar 09:30

24 Jan 09:30

13 Dec 09:30

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

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