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Based on the last 12 Employment Change events in Canada, we expect a $1,389.171 movement on USDCAD within the next 4 hours. We expect USDCAD to trend upwards for 4 hours because the released value is > 156.6K
Historical events that allowed us to draw this conclusion
07 Aug 22:30![]() |
10 Jul 22:30![]() |
05 Jun 22:30![]() |
07 Mar 00:30![]() |
08 Feb 00:30![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).