Based on the last 12 Balance of Trade events in Canada, we expect a $601 movement on USDCAD within 2 hours following the event release at 2025-04-03 12:30. We expect USDCAD to trend downwards 2 hours following the event release at 2025-04-03 12:30 if the released value is > C$3.4B
Historical events that allowed us to draw this conclusion
06 Mar 13:30 |
06 Aug 12:30 |
06 Jun 12:30 |
04 Apr 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
