Based on the last 12 GDP Growth Rate QoQ Adv events in Italy, we expect a $843.336 movement on USDCAD within 48 hours following the event release at 30 Apr 20:00. We expect USDCAD to trend downwards 48 hours following the event release at 30 Apr 20:00 if the released value is < -5% Historical events that allowed us to draw this conclusion

31 Jan 21:00	30 Oct 20:00
14 Feb 20:00

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