9 pip movement on USDCAD expected

Past performance is not an indicator of future results.
Based on the last 12 Balance of Trade events in United Kingdom, we expect a 9 pip movement on USDCAD for the next 2 hours. We expect USDCAD to trend upwards for 2 hours because the released value is < £ -1.9B

Historical events that allowed us to draw this conclusion

11 Jan 09:30

10 Oct 09:30

10 Jul 09:30

11 Jun 09:30

10 May 09:30

09 Feb 09:30

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

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