Based on the last 12 GDP Growth Rate YoY Flash events in EMU, we expect USDCAD to trend up later today. Based on these past events there is a 83.3% of this.
This will happen if the released value is = 1%
Historical events that allowed us to draw this conclusion
31 Jan 10:00 |
02 May 09:00 |
01 Aug 09:00 |
03 May 09:00 |
31 Oct 10:00 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
