Based on the last 12 GDP Growth Rate QoQ events in Canada, we expect a 18 pip movement on USDCHF for the next 2 hours. We expect USDCHF to trend downwards for 2 hours because the released value is > -12%
Historical events that allowed us to draw this conclusion
29 May 12:30 |
29 Nov 13:30 |
30 Aug 12:30 |
31 Aug 12:30 |