We expect a $2,942.394 movement on LB within 4 hours following the release of Balance of Trade at 05 Feb 13:30. We expect LB to trend upwards 4 hours following the event release at 05 Feb 13:30 if the released value is > C$-0.61B. A price movement of 714 pips is expected.
Historical events that allowed us to draw this conclusion
07 Jan 13:30 |
05 Dec 13:30 |
04 Oct 12:30 |
02 Aug 12:30 |
03 Jul 12:30 |
06 Jun 12:30 |
17 Apr 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
