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This Thursday 13 Feb at 06:30 AM GMT the latest FR Unemployment Rate number will be released.
If the number is less than than economists’ consensus there is a 85.71% probability that USDCAD will trend up following the news event.
This probability is based on the last 12 FR Unemployment Rate events, in which 4 of the last 7 events where the actual number was less than than the economist consensus resulted in an up trend of USDCAD.
Here are images of the past events:
Wednesday 14 Aug at 05:30 AM GMT:
Thursday 14 Feb at 06:30 AM GMT:
Tuesday 20 Nov at 06:30 AM GMT:
Thursday 18 May at 05:30 AM GMT:
Disclaimer: Past performance may not be indicative of future performance