Based on the last 12 Balance of Trade events in Australia, we expect a 15 pip movement on USDCAD for the next 2 hours. We expect USDCAD to trend upwards for 2 hours because the released value is < A$10.6B Historical events that allowed us to draw this conclusion
04 May 01:30 |
01 Apr 00:30 |
07 Jan 00:30 |