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”).

Opere Ahora