We expect USDCAD to trend downwards later today. Based on these past United States Continuing Jobless Claims news events there is a 75% chance of this. We expect this to happen if the released value is > 19238K. A price movement of 71 pips is expected.
Historical events that allowed us to draw this conclusion
26 Mar 12:30 |
27 Feb 13:30 |
20 Feb 13:30 |