Unemployment Rate

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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 85.71% chance of this. We expect USDCAD to trend upwards 2 hours following the event release at 2023-01-31 08:55 if the released value is = 5.5%. A price movement of 40 pips is expected.

Historical events that allowed us to draw this conclusion

02 Nov 08:55
30 Sep 07:55
31 Aug 07:55
29 Jul 07:55
03 May 07:55
31 Mar 07:55

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