Euro Area Unemployment Rate News Event – a possible $211.76 movement on USDCAD

Based on the last 12 Unemployment Rate events in Euro Area, we expect a $211.76 movement on USDCAD within 2 hours following the event release at 30 Apr 09:00. We expect USDCAD to trend upwards 2 hours following the event release at 30 Apr 09:00 if the released value is < 8.3% Historical events that allowed us to draw this conclusion

08 Jan 10:00
01 Sep 09:00
02 Jul 09:00
03 Jun 09:00