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We expect a $3412 movement on KC within 48 hours following the event release at 2025-01-07 13:30.

We expect KC to trend downwards later today. Based on these past Canada Balance of Trade news events there is a 75% chance of this. We expect this to happen if the released value is > C$-1B. A price movement of 212 pips is expected.

Historical events that allowed us to draw this conclusion

06 Aug 12:30
06 Jun 12:30
07 Mar 13:30

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

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We expect NZDUSD to trend upwards today with a 66.67% chance.

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