United Kingdom Balance of Trade News Event – a possible $427.774 movement on USDCAD

Past performance is not an indicator of future results.
Based on the last 12 Balance of Trade events in United Kingdom, we expect a $427.774 movement on USDCAD within 48 hours following the event release at 10 Apr 09:30. We expect USDCAD to trend downwards 48 hours following the event release at 10 Apr 09:30 if the released value is > £-1.2B

Historical events that allowed us to draw this conclusion

10 Sep 09:30
10 Aug 09:30
11 Apr 09:30

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