Based on the last 12 GDP Growth Rate QoQ events in Canada, we expect a $510 movement on NZDUSD within 12 hours following the event release at 29 Feb 00:30. We expect NZDUSD to trend upwards 12 hours following the event release at 29 Feb 00:30 if the released value is > 0.1%

Historical events that allowed us to draw this conclusion

30 Nov 00:30	01 Dec 00:30
31 Aug 22:30

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