Based on the last 12 GDP Growth Rate QoQ Adv events in Italy, we expect USDCAD to trend downwards right now. Based on these past events there is a 75% chance of this. We expect USDCAD to trend downwards for the next 2 hours because the released value is > 1.3%. A price movement of 11 pips is expected.

Historical events that allowed us to draw this conclusion

30 Apr 08:00

30 Oct 09:00

30 Apr 10:00

31 Oct 11:00

31 Jul 10:00

30 Apr 10:00