We expect a $1,730.214 movement on USDCAD within 48 hours following the release of Balance of Trade at 02 Apr 23:30. We expect USDCAD to trend upwards 48 hours following the event release at 02 Apr 23:30 if the released value is > $-40B. A price movement of 245 pips is expected.

Historical events that allowed us to draw this conclusion

07 Mar 00:30	08 Jan 00:30
06 Dec 00:30	17 Apr 22:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).