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We expect GC to trend downwards today with a 85.71% chance.

We expect a $20313 movement on GC within 2 hours following the release of Balance of Trade at 2024-12-13 07:00. We expect GC to trend downwards 2 hours following the event release at 2024-12-13 07:00 if the released value is > €16.1B. A price movement of 75 pips is expected.

Historical events that allowed us to draw this conclusion

09 Oct 06:00
08 Jul 06:00
06 Mar 07:00
05 Feb 07:00
08 Jan 07:00
04 Dec 07:00

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

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

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