We expect a $909.086 movement on USDCAD within 12 hours following the release of Claimant Count Change at 14 Sep 16:00. We expect USDCAD to trend upwards 12 hours following the event release at 14 Sep 16:00 if the released value is < -26K. A price movement of 115 pips is expected. Historical events that allowed us to draw this conclusion

15 Jun 16:00	18 May 16:00
20 Apr 16:00	23 Feb 18:00
10 Nov 18:00	13 Oct 17:00
15 Sep 16:00

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