Based on the last 12 Balance of Trade events in Australia, we expect a 943 pip movement on CRD within 48 hours following the event release at 2025-05-01 01:30. We expect CRD to trend downwards 48 hours following the event release at 2025-05-01 01:30 if the released value is < A$3.90B Historical events that allowed us to draw this conclusion
03 Apr 00:30 |
07 Nov 00:30 |
04 Jul 01:30 |
02 May 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
