United States Non Farm Payrolls News Event – a possible $357.077 movement on USDCAD

Based on the last 12 Non Farm Payrolls events in United States, we expect a $357.077 movement on USDCAD within the next 4 hours. We expect USDCAD to trend upwards for 4 hours because the released value is > -8000K

Historical events that allowed us to draw this conclusion

07 Mar 00:30
08 Feb 00:30
07 Dec 00:30
05 Jul 22:30

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