Australia Balance of Trade News Event – a possible $112.816 movement on USDCAD

Past performance is not an indicator of future results.
Based on the last 12 Balance of Trade events in Australia, we expect a $112.816 movement on USDCAD within 4 hours following the event release at 08 Jan 00:30. We expect USDCAD to trend upwards 4 hours following the event release at 08 Jan 00:30 if the released value is < A$2.230B

Historical events that allowed us to draw this conclusion

06 Dec 00:30

04 Jul 02:30

06 Feb 00:30

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

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