Want to know why USDCAD is going downwards today?
Based on the last 12 GDP Growth Rate QoQ events in Canada, we expect a $141.348 movement on USDCAD within 2 hours following the event release at 01 Jun 12:30. We expect USDCAD to trend downwards 2 hours following the event release at 01 Jun 12:30 if the released value is < 3.8%Historical events that allowed us to draw this…
