Germany Unemployment Rate News Event – a $251.94 opportunity on USDCAD

We expect a $251.94 movement on USDCAD within 2 hours following the release of Unemployment Rate at 29 Apr 07:55. We expect USDCAD to trend upwards 2 hours following the event release at 29 Apr 07:55 if the released value is < 6%. A price movement of 31 pips is expected. Historical events that allowed us to draw this conclusion

01 Dec 08:55
29 Oct 08:55
30 Jul 07:55
01 Jul 07:55