Based on the last 12 Employment Change events in Canada, we expect a $212.05 movement on USDCAD within 12 hours following the event release at 08 Nov 13:30. We expect USDCAD to trend downwards 12 hours following the event release at 08 Nov 13:30 if the released value is < 15.9KHistorical events that allowed us to draw this conclusion
|09 Aug 12:30|
|05 Jul 12:30|
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).