We expect USDCAD to trend upwards later today. Based on these past United States Non Farm Payrolls news events there is a 66.67% chance of this. We expect this to happen if the released value is > 175K. A price movement of 50 pips is expected.
Historical events that allowed us to draw this conclusion
07 Feb 13:30 |
06 Dec 13:30 |
05 Jul 12:30 |
05 Apr 12:30 |