This Friday 11 May at 12:30 PM GMT the latest CA Employment Change number will be released.
If the number is greater than than economists’ consensus there is a 75% probability that USDCAD will trend down following the news event.
This probability is based on the last 12 CA Employment Change events, in which 6 of the last 8 events where the actual number was greater than than the economist consensus resulted in an down trend of USDCAD.
Here are images of the past events:
Friday 06 Apr at 12:30 PM GMT:
Friday 05 Jan at 01:30 PM GMT:
Friday 01 Dec at 01:30 PM GMT:
Friday 03 Nov at 12:30 PM GMT:
Friday 07 Jul at 12:30 PM GMT:
Friday 09 Jun at 12:30 PM GMT:
Disclaimer: Past performance may not be indicative of future performance