Based on past Italy GDP Growth Rate QoQ Adv news events there is a 80% chance of USDCAD trending downwards. We expect this to happen because the released value is > 0.3%. A price movement of 14 pips is expected.

Historical events that allowed us to draw this conclusion

29 Oct 08:00

30 Jul 08:00

30 Apr 08:00

30 Oct 09:00

31 Jul 08:00

30 Apr 10:00

31 Oct 11:00

31 Jul 10:00