Based on the last 12 GDP Growth Rate QoQ events in Canada, we expect a $135.213 movement on USDCAD within 2 hours following the event release at 31 Aug 12:30. We expect USDCAD to trend downwards 2 hours following the event release at 31 Aug 12:30 if the released value is < 0.6% Historical events that allowed us to draw this conclusion

01 Jun 12:30

01 Dec 13:30

31 May 12:30