Based on the last 12 GDP Growth Rate QoQ events in Switzerland, we expect a $118.496 movement on USDCAD within 12 hours following the event release at 03 Jun 15:45. We expect USDCAD to trend downwards 12 hours following the event release at 03 Jun 15:45 if the released value is < -2% Historical events that allowed us to draw this conclusion

28 Feb 17:45	29 Nov 17:45
05 Sep 15:45

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