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This Friday 14 Feb at 07:00 AM GMT the latest DE GDP Growth Rate QoQ Flash number will be released.
If the number is less than than economists’ consensus there is a 83.33% probability that USDCAD will trend up following the news event.
This probability is based on the last 12 DE GDP Growth Rate QoQ Flash events, in which 4 of the last 6 events where the actual number was less than than the economist consensus resulted in an up trend of USDCAD.
Here are images of the past events:
Thursday 14 Feb at 07:00 AM GMT:
Wednesday 14 Nov at 07:00 AM GMT:
Tuesday 15 Aug at 06:00 AM GMT:
Friday 12 May at 06:00 AM GMT:
Disclaimer: Past performance may not be indicative of future performance