We expect USDCAD to trend downwards later today. Based on these past United Kingdom Claimant Count Change news events there is a 80% chance of this. We expect this to happen if the released value is > 250K. A price movement of 13 pips is expected.

Historical events that allowed us to draw this conclusion

19 May 06:00

17 Dec 09:30

12 Nov 09:30

16 Jul 08:30