Germany Unemployment Rate News Event – a $275.942 opportunity on USDCAD

We expect a $275.942 movement on USDCAD within 48 hours following the release of Unemployment Rate at 30 Sep 17:55. We expect USDCAD to trend downwards 48 hours following the event release at 30 Sep 17:55 if the released value is < 6.4%. A price movement of 37 pips is expected. Historical events that allowed us to draw this conclusion

01 Jul 17:55
31 Mar 18:55

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).