We expect a $245.291 movement on USDCAD within 2 hours following the release of Balance of Trade at 10 Sep 06:00. We expect USDCAD to trend downwards 2 hours following the event release at 10 Sep 06:00 if the released value is > £-2B. A price movement of 31 pips is expected.

Historical events that allowed us to draw this conclusion

09 Jul 11:00

11 Jun 06:00

12 May 06:00

12 Nov 07:00

09 Oct 06:00