Based on the last 12 Unemployment Rate events in Canada, we expect a 23 pip movement on USDCAD within 2 hours following the event release at 11 Mar 13:30 UTC. We expect USDCAD to trend downwards 2 hours following the event release at 11 Mar 13:30 UTC if the released value is < 6.2% Historical events that allowed us to draw this conclusion
07 Jan 13:30 |
10 Sep 12:30 |
09 Apr 12:30 |
12 Mar 13:30 |