
56 pip movement on USDCAD expected
Based on the last 12 Non Farm Payrolls events in United States, we expect a 56 pip movement on USDCAD within 2 hours following the event release at 05 Feb 13:30 UTC. We expect USDCAD to trend upwards 2 hours following the event release at 05 Feb 13:30 UTC if the released value is > 50KHistorical events that allowed us…