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This Friday 06 Aug at 12:30 PM GMT the latest US Non Farm Payrolls number will be released.
If the number is less than than economists’ consensus there is a 85.71% probability that USDCAD will trend down following the news event.
This probability is based on the last 12 US Non Farm Payrolls events, in which 6 of the last 7 events where the actual number was less than than the economist consensus resulted in an down trend of USDCAD.
Here are images of the past events:
Friday 04 Jun at 12:30 PM GMT:
Friday 07 May at 12:30 PM GMT:
Friday 05 Feb at 01:30 PM GMT:
Friday 04 Dec at 01:30 PM GMT:
Friday 02 Oct at 12:30 PM GMT:
Friday 04 Sep at 12:30 PM GMT:
Disclaimer: Past performance may not be indicative of future performance