Based on the last 12 Adp Employment Change events in United States, we expect USDCAD to trend downwards later today. Based on these past events there is a 71.43% chance of this. We expect USDCAD to trend downwards 2 hours following the event release at 02 Sep 12:15 if the released value is > 950K. A price movement of 31 pips is expected.

Historical events that allowed us to draw this conclusion

03 Jun 12:15

01 Apr 12:15

08 Jan 13:15