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Based on the last 12 Balance of Trade events in Canada, we expect a 11 pip movement on USDCHF within 2 hours following the event release at 08 Jan 00:30 GMT+11. We expect USDCHF to trend downwards 2 hours following the event release at 08 Jan 00:30 GMT+11 if the released value is > C$-1.15B
Historical events that allowed us to draw this conclusion
06 Dec 00:30 |
04 Oct 22:30 |
02 Aug 22:30 |
03 Jul 22:30 |
06 Jun 22:30 |