Based on the last 12 Unemployment Rate events in Australia, we expect USDCAD to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect USDCAD to trend upwards 48 hours following the event release at 14 Oct 11:30 if the released value is < 4.8%. A price movement of 171 pips is expected. Historical events that allowed us to draw this conclusion

16 Sep 11:30	19 Aug 11:30
15 Jul 11:30	17 Jun 11:30
15 Apr 11:30	18 Mar 11:30
21 Jan 11:30	17 Dec 11:30
15 Oct 11:30

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