Based on the last 12 NAB Business Confidence events in Australia, we expect a $219 movement on USDCAD within 12 hours following the event release at 2025-06-10 01:30. We expect USDCAD to trend upwards 12 hours following the event release at 2025-06-10 01:30 if the released value is > -3
Historical events that allowed us to draw this conclusion
13 May 01:30 |
12 Nov 00:30 |
09 Jul 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
