Based on past Canada Unemployment Rate news events there is a 66.67% chance of USDCHF trending downwards. We expect this to happen because the released value is = 5%. A price movement of 24 pips is expected.

Historical events that allowed us to draw this conclusion

08 Apr 22:30

08 Oct 23:30

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