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This Tuesday 01 Dec at 06:45 AM GMT the latest CH GDP Growth Rate QoQ number will be released.
If the number is greater than than economists’ consensus there is a 75% probability that USDCAD will trend up following the news event.
This probability is based on the last 12 CH GDP Growth Rate QoQ events, in which 6 of the last 8 events where the actual number was greater than than the economist consensus resulted in an up trend of USDCAD.
Here are images of the past events:
Tuesday 03 Mar at 06:45 AM GMT:
Thursday 05 Sep at 05:45 AM GMT:
Tuesday 28 May at 05:45 AM GMT:
Thursday 06 Sep at 05:45 AM GMT:
Thursday 31 May at 05:45 AM GMT:
Thursday 30 Nov at 06:45 AM GMT:
Disclaimer: Past performance may not be indicative of future performance