Based on the last 12 Balance of Trade events in United Kingdom, we expect a $1454 movement on USDCAD within 48 hours following the event release at 2022-12-12 07:00. We expect USDCAD to trend upwards 48 hours following the event release at 2022-12-12 07:00 if the released value is > £-3.2B
Historical events that allowed us to draw this conclusion
12 Sep 06:00 |
13 Jun 06:00 |
11 Apr 06:00 |
11 Feb 07:00 |
14 Jan 07:00 |
10 Dec 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
