Based on the last 12 Claimant Count Change events in United Kingdom, we expect a 33 pip movement on USDCAD within 2 hours following the event release at 11 Aug 06:00 UTC. We expect USDCAD to trend downwards 2 hours following the event release at 11 Aug 06:00 UTC if the released value is > 10K
Historical events that allowed us to draw this conclusion
19 May 06:00 |
17 Dec 09:30 |
12 Nov 09:30 |