Based on past United Kingdom Balance of Trade news events there is a 71.43% chance of USDCAD trending downwards. We expect this to happen because the released value is > £-1.4B. A price movement of 31 pips is expected.
Historical events that allowed us to draw this conclusion
11 Jun 06:00 |
12 May 06:00 |
12 Nov 07:00 |
09 Oct 06:00 |
12 Aug 06:00 |