USDCAD may trend downwards from 08 May 06:00
We expect USDCAD to trend downwards later today. Based on these past Germany Balance of Trade news events there is a 72.73% chance of this. We expect this to happen if the released value is > €17B. A price movement of 26 pips is expected.Historical events that allowed us to draw this conclusion09 Apr 06:0009 Mar 07:0010 Oct 06:0009 Sep…