0 pip movement on BP expected

Based on the last 12 Unemployment Rate events in Canada, we expect a 0 pip movement on BP within 2 hours following the event release at 08 Apr 12:30 UTC. We expect BP to trend downwards 2 hours following the event release at 08 Apr 12:30 UTC if the released value is < 5.3% Historical events that allowed us to draw this conclusion

11 Mar 13:30
03 Dec 13:30
10 Sep 12:30
12 Mar 13:30