Based on the last 12 Unemployment Rate events in Germany, we expect USDCAD to trend upwards later today. Based on these past events there is a 72.73% chance of this. We expect USDCAD to trend upwards 2 hours following the event release at 30 Jan 08:55 if the released value is = 5%. A price movement of 15 pips is expected.

Historical events that allowed us to draw this conclusion

03 Jan 08:55

29 Nov 08:55

30 Sep 07:55

31 Jul 07:55

01 Jul 07:55

29 Mar 08:55

01 Mar 08:55

31 Jan 08:55