We expect a $717.318 movement on USDCAD within 12 hours following the release of GDP Growth Rate QoQ at 01 Dec 17:45. We expect USDCAD to trend upwards 12 hours following the event release at 01 Dec 17:45 if the released value is > 5.9%. A price movement of 93 pips is expected.

Historical events that allowed us to draw this conclusion

03 Mar 17:45	05 Sep 15:45
28 May 15:45	06 Sep 15:45
31 May 15:45	30 Nov 17:45

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