Want to know why USDCAD is going upwards for the next 48 hours?

Past performance is not an indicator of future results.
Based on the last 12 Unemployment Rate events in Canada, we expect a $438.594 movement on USDCAD within the next 48 hours. We expect USDCAD to trend upwards for the next 48 hours because the released value is = 5.8%

Historical events that allowed us to draw this conclusion

05 Oct 13:30
08 Jun 13:30
11 May 13:30

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

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