Based on the last 12 GDP Growth Rate QoQ events in Canada, we expect USDCHF to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect USDCHF to trend upwards 48 hours following the event release at 29 May 22:30 if the released value is < -2.6%. A price movement of 30 pips is expected. Historical events that allowed us to draw this conclusion

02 Mar 00:30

03 Mar 00:30

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