Based on the last 12 Unemployment Rate events in United Kingdom, we expect USDCAD to trend upwards right now. Based on these past events there is a 66.67% chance of this. This may happen because the released value is < 4.2% Historical events that allowed us to draw this conclusion

16 Nov 18:00	17 Aug 16:00
20 Apr 16:00	23 Mar 18:00

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