United States Balance of Trade News Event – a possible $298.721 movement on USDCAD

Based on the last 12 Balance of Trade events in United States, we expect a $298.721 movement on USDCAD within 2 hours following the event release at 05 May 12:30. We expect USDCAD to trend downwards 2 hours following the event release at 05 May 12:30 if the released value is < $-44B Historical events that allowed us to draw this conclusion

04 Sep 12:30
02 Aug 12:30
03 Jul 12:30
06 Jun 12:30