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This Friday 31 Jan at 10:00 AM GMT the latest EMU GDP Growth Rate QoQ Flash number will be released.
If the number is equal to than economists’ consensus there is a 71.42% probability that USDCAD will trend up following the news event.
This probability is based on the last 12 EMU GDP Growth Rate QoQ Flash events, in which 5 of the last 7 events where the actual number was equal to than the economist consensus resulted in an up trend of USDCAD.
Here are images of the past events:
Thursday 31 Jan at 10:00 AM GMT:
Wednesday 02 May at 09:00 AM GMT:
Tuesday 31 Oct at 10:00 AM GMT:
Tuesday 01 Aug at 09:00 AM GMT:
Wednesday 03 May at 09:00 AM GMT:
Disclaimer: Past performance may not be indicative of future performance