Based on the last 12 Balance of Trade events in Germany, we expect a $109.868 movement on USDCAD within 2 hours following the event release at 09 Mar 07:00. We expect USDCAD to trend downwards 2 hours following the event release at 09 Mar 07:00 if the released value is > €13.4B

Historical events that allowed us to draw this conclusion

10 Oct 06:00

09 Sep 06:00

09 Aug 06:00

08 Jul 06:00

07 Jun 06:00

10 May 06:00

08 Apr 06:00

11 Mar 07:00