Italy GDP Growth Rate QoQ Adv News Event – a possible $108.12 movement on USDCAD

Based on the last 12 GDP Growth Rate QoQ Adv events in Italy, we expect a $108.12 movement on USDCAD within 2 hours following the event release at 30 Apr 10:00. We expect USDCAD to trend upwards 2 hours following the event release at 30 Apr 10:00 if the released value is < -5% Historical events that allowed us to draw this conclusion

31 Jan 09:00
30 Oct 09:00
14 Feb 09:00