Based on the last 12 GDP Growth Rate QoQ 2nd Est events in United States, we expect USDCAD to trend downwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is > 7%

Historical events that allowed us to draw this conclusion

27 Aug 22:30

01 Mar 00:30

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