Based on the last 12 GDP Growth Rate QoQ Adv events in Italy, USDCAD could trend downwards later today. Based on these past events there is a 81.82% chance of this. If the released value is > -0.2% we could see USDCAD trend downwards 2 hours following the event release at 29 Apr 08:00.

Historical events that allowed us to draw this conclusion

29 Oct 08:00

30 Jul 08:00

30 Apr 08:00

30 Oct 09:00

31 Jul 08:00

30 Apr 10:00

31 Oct 11:00

31 Jul 10:00

30 Apr 10:00