Based on the last 12 GDP Growth Rate YoY Flash events in EMU, we expect a $152.58 movement on USDCAD within 4 hours following the event release at 30 Oct 10:00.
We expect USDCAD to trend up 4 hours following the event release at 30 Oct 10:00 if the released value is = 1.8%
Historical events that allowed us to draw this conclusion
02 May 09:00 |
01 Aug 09:00 |
03 May 09:00 |
31 Oct 10:00 |
12 Feb 10:00 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
