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This Friday 11 Sep at 06:00 AM GMT the latest GB Balance of Trade number will be released.
If the number is greater than than economists’ consensus there is a 87.5% probability that USDCAD will trend down following the news event.
This probability is based on the last 12 GB Balance of Trade events, in which 5 of the last 8 events where the actual number was greater than than the economist consensus resulted in an down trend of USDCAD.
Here are images of the past events:
Wednesday 12 Aug at 06:00 AM GMT:
Friday 12 Jun at 06:00 AM GMT:
Tuesday 11 Feb at 09:30 AM GMT:
Thursday 10 Oct at 08:30 AM GMT:
Monday 09 Sep at 08:30 AM GMT:
Disclaimer: Past performance may not be indicative of future performance