We expect a $294.228 movement on USDCAD within 4 hours following the release of GDP Growth Rate QoQ Flash at 14 Feb 18:00. We expect USDCAD to trend upwards 4 hours following the event release at 14 Feb 18:00 if the released value is < 0.1%. A price movement of 39 pips is expected. Historical events that allowed us to draw this conclusion

14 Feb 18:00

12 May 16:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).