Based on the last 12 Balance of Trade events in Canada, we expect a 45 pip movement on USDCAD within 2 hours following the event release at 2025-08-05 12:30. We expect USDCAD to trend downwards 2 hours following the event release at 2025-08-05 12:30 if the released value is < C$-5.8B Historical events that allowed us to draw this conclusion
05 Jun 12:30 |
03 Apr 12:30 |
05 Dec 13:30 |
05 Nov 13:30 |
04 Sep 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
