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Based on the last 12 Balance of Trade events in Australia, we expect USDCAD to trend upwards later today. Based on these past events there is a 85.71% chance of this. We expect USDCAD to trend upwards 12 hours following the event release at 2025-08-07 01:30 if the released value is > A$2.5B. A price movement of 21 pips is expected.
Historical events that allowed us to draw this conclusion
01 May 01:30 |
06 Mar 00:30 |
09 Jan 00:30 |
03 Oct 01:30 |
05 Sep 01:30 |
01 Aug 01:30 |
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