 |
Based on the last 12 Balance of Trade events in United Kingdom, we expect a $170 movement on AUDUSD within 2 hours following the event release at 10 Sep 16:00. We expect AUDUSD to trend upwards 2 hours following the event release at 10 Sep 16:00 if the released value is > £-2B
Historical events that allowed us to draw this conclusion
09 Jul 21:00 |
11 Jun 16:00 |
12 May 16:00 |
12 Nov 18:00 |
09 Oct 17:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).