Based on the last 12 GDP Growth Rate QoQ 1st Est events in France, we expect a $273 movement on USDCAD within 2 hours following the event release at 2024-10-30 06:30. We expect USDCAD to trend upwards 2 hours following the event release at 2024-10-30 06:30 if the released value is > 0.3%
Historical events that allowed us to draw this conclusion
30 Jul 05:30 |
30 Apr 05:30 |
28 Jul 05:30 |
31 Jan 06:30 |
28 Jan 06:30 |
29 Oct 05:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
