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We expect YM to trend upwards today.

Based on the last 12 Balance of Trade events in Germany, we expect a $3869401 movement on YM within 4 hours following the event release at 2025-04-07 06:00. We expect YM to trend upwards 4 hours following the event release at 2025-04-07 06:00 if the released value is > €17.8B

Historical events that allowed us to draw this conclusion

07 Feb 07:00
09 Jan 07:00
09 Oct 06:00
08 Jul 06:00

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

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We expect a 9 pip movement on USDCHF within 2 hours following the event release.

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We expect a $7031 movement on OJ within 12 hours following the release of Balance of Trade.

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