We expect a $0 movement on BR within 2 hours following the release of Balance of Trade at 04 Oct 12:30. We expect BR to trend downwards 2 hours following the event release at 04 Oct 12:30 if the released value is < $-54.5B. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion
02 Aug 12:30 |
06 Jun 12:30 |
06 Dec 13:30 |
02 Nov 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
