Based on the last 12 Unemployment Rate events in Germany, we expect USDCAD to trend upwards right now. Based on these past events there is a 66.67% chance of this. We expect USDCAD to trend upwards for the next 2 hours because the released value is = 5.9%. A price movement of 15 pips is expected.

Historical events that allowed us to draw this conclusion

01 Jun 07:55

29 Apr 07:55

31 Mar 07:55

01 Sep 07:55