Based on the last 12 Balance of Trade events in Germany, we expect a 16 pip movement on USDCAD for the next 2 hours. We expect USDCAD to trend downwards for 2 hours because the released value is < €14.4B Historical events that allowed us to draw this conclusion
09 Sep 06:00 |
09 Aug 06:00 |
09 Apr 06:00 |
09 Feb 07:00 |
09 Dec 07:00 |
08 Oct 06:00 |