We expect USDCAD to trend downwards for the next 2 hours. Based on these past France GDP Growth Rate QoQ 1st Est news events there is a 71.43% chance of this. We expect this to happen because the released value is > 2.1%. A price movement of 13 pips is expected.
Historical events that allowed us to draw this conclusion
30 Jul 05:30 |
29 Jan 06:30 |
30 Oct 06:30 |
31 Jul 05:30 |
30 Oct 06:30 |