If the released value is = 0.2% for the GDP Growth Rate QoQ 2nd Est event, we could see a $576.993 movement on USDCAD within 12 hours following the release at 17 May 09:00. This movement may form an upwards trend for 12 hours following the event release at 17 May 09:00.
Historical events that allowed us to draw this conclusion
15 Feb 10:00 |
16 Nov 10:00 |
17 Aug 09:00 |
18 May 09:00 |
14 Aug 09:00 |
15 May 09:00 |
14 Aug 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
