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Based on the last 12 GDP Growth Rate QoQ events in Canada, a $268.144 movement on USDCAD may occur within 4 hours following the event release at 31 May 22:30. USDCAD could trend downwards 4 hours following the event release at 31 May 22:30 if the released value is < 1.4% Historical events that allowed us to draw this conclusion
01 Jun 22:30![]() |
02 Dec 00:30![]() |
31 May 22:30![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).