
4 pip movement on USDCAD expected
Based on the last 12 GDP Growth Rate QoQ events in Australia, we expect a 4 pip movement on USDCAD within 2 hours following the event release at 03 Mar 00:30 UTC. We expect USDCAD to trend downwards 2 hours following the event release at 03 Mar 00:30 UTC if the released value is < 2.5%Historical events that allowed us…