Based on the last 12 GDP Growth Rate QoQ Prel events in Japan, USDCAD may 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 < -0.4% Historical events that allowed us to draw this conclusion

15 Nov 10:50	18 May 09:50
17 Aug 09:50	17 Feb 10:50

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