CAD Employment Change - 23-07-07

Date Friday 7th July 2023
Time 12:30

CAD Employment Change is released prior to the US session. We trade the headline component and we add CAD Unemployment Rate as a conflict.

We expect a spike of 30 pips if a trade is triggered.

What happened last time?

CAD Employment Change – 23-06-09
Time 12:30
Forecast 23.2
Actual -17.3
Deviation -40.5
One minute spike 34 pips

How we setup

Main Event CAD Employment Change
Market EUR/CAD
Deviation +/-60
Prior -17.3
Forecast 20.0
Triggers Buy <-40
Sell >80
Conflict 1 CAD Unemployment Rate
Prior 5.2
Forecast 5.3
Triggers Buy >5.3
Sell <5.3

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