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We expect a $75.874 movement on CT within the next 2 hours.

We expect a $75.874 movement on CT within the next 2 hours. We expect CT to trend downwards 2 hours following the Balance of Trade events in Canada release because the released value is < C$-0.7B. A price movement of 119 pips is expected. Historical events that allowed us to draw this conclusion

04 Sep 12:30
09 May 12:30
27 Mar 12:30
08 Jan 13:30
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”).

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