
United Kingdom Balance of Trade News Event – a $256.475 opportunity on USDCAD
We expect a $256.475 movement on USDCAD within the next 2 hours. We expect USDCAD to trend downwards 2 hours following the Balance of Trade events in United Kingdom release because the released value is > £-3.2B. A price movement of 31 pips is expected.Historical events that allowed us to draw this conclusion12 May 06:0012 Nov 07:0009 Oct 06:0012 Aug…