Canada Balance of Trade News Event – a $140.854 opportunity on USDCHF

Past performance is not an indicator of future results.
We expect a $140.854 movement on USDCHF within the next 12 hours. We expect USDCHF to trend downwards 12 hours following the Balance of Trade events in Canada release because the released value is < C$-3.5B. A price movement of 14 pips is expected.

Historical events that allowed us to draw this conclusion

06 Mar 13:30

08 Jan 13:30

06 Dec 13:30

06 Jul 13:30

05 Apr 13:30

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

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