Balance of Trade

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Based on the last 12 Balance of Trade events in Germany, we expect a $125 movement on USDCAD within 2 hours following the event release at 2022-10-05 06:00. We expect USDCAD to trend downwards 2 hours following the event release at 2022-10-05 06:00 if the released value is < €7.3B Historical events that allowed us to draw this conclusion

02 Sep 06:00
04 Jul 06:00
03 Jun 06:00
09 Feb 07:00
09 Nov 07:00
08 Oct 06:00

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