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This Thursday 03 Dec at 01:30 PM GMT the latest US Continuing Jobless Claims number will be released.
If the number is greater than than economists’ consensus there is a 80% probability that USDCAD will trend down following the news event.
This probability is based on the last 12 US Continuing Jobless Claims events, in which 4 of the last 5 events where the actual number was greater than than the economist consensus resulted in an down trend of USDCAD.
Here are images of the past events:
Wednesday 25 Nov at 01:30 PM GMT:
Thursday 05 Nov at 01:30 PM GMT:
Thursday 29 Oct at 12:30 PM GMT:
Thursday 24 Sep at 12:30 PM GMT:
Disclaimer: Past performance may not be indicative of future performance