Based on the last 12 Continuing Jobless Claims events in United States, we expect USDCAD to trend downwards later today. Based on these past events there is a 75% chance of this. We expect USDCAD to trend downwards 48 hours following the event release at 03 Jan 00:30 if the released value is < 1717K. A price movement of 63 pips is expected. Historical events that allowed us to draw this conclusion

13 Dec 00:30	15 Nov 00:30
17 Oct 23:30