Based on the last 12 GDP Growth Rate QoQ events in Switzerland, we expect USDCAD to trend downwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is < 2% Historical events that allowed us to draw this conclusion

02 Sep 17:00	03 Jun 15:45
29 Nov 17:45

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