Want to know why USDCHF is going downwards today?

Past performance is not an indicator of future results.
Based on the last 12 Unemployment Rate events in Canada, we expect a $469.84 movement on USDCHF within 48 hours following the event release at 05 Apr 13:30. We expect USDCHF to trend downwards 48 hours following the event release at 05 Apr 13:30 if the released value is < 5.8%

Historical events that allowed us to draw this conclusion

04 Jan 13:30

07 Dec 13:30

10 Aug 13:30

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

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