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We expect a $68.13 movement on USDCAD within 2 hours following the event release at 02 Aug 01:30.

Based on the last 12 Retail Sales MoM events in Australia, we expect a $68.13 movement on USDCAD within 2 hours following the event release at 02 Aug 01:30. We expect USDCAD to trend downwards 2 hours following the event release at 02 Aug 01:30 if the released value is > 0.3%

Historical events that allowed us to draw this conclusion

07 May 01:30
03 Apr 00:30
11 Jan 00:30
03 Aug 01:30

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

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