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We expect a 17 pip movement on EURUSD within 2 hours following the event release.

Based on the last 12 Balance of Trade events in Germany, we expect a $170 movement on EURUSD within 2 hours following the event release at 2023-06-05 06:00. We expect EURUSD to trend upwards 2 hours following the event release at 2023-06-05 06:00 if the released value is > €16B

Historical events that allowed us to draw this conclusion

03 Mar 07:00
05 Jan 07:00
02 Nov 07:00
03 Aug 06:00
04 May 06:00

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

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D’après les 12 derniers événements de Balance Commerciale en Allemagne, nous attendons un mouvement de $170 sur EURUSD dans les 2 heures suivant la publication de l’événement à 2023-06-05 06:00.

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Esperamos un movimiento en $370 del GBPUSD dentro de 4 después del evento publicado a las 2023-06-05 06:00.

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