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We expect DX to trend upwards today with a 80% chance.

Based on the last 12 Balance of Trade events in Canada, we expect a $102 movement on DX within 48 hours following the event release at 2025-02-05 13:30. We expect DX to trend upwards 48 hours following the event release at 2025-02-05 13:30 if the released value is > C$0.75B

Historical events that allowed us to draw this conclusion

07 Jan 13:30
06 Aug 12:30
06 Jun 12:30
04 Apr 12:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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We expect a $321 movement on USDCAD within 12 hours following the event release at 2025-02-05 13:30.

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We expect USDCHF to trend downwards with a 71.43% chance.

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