Based on the last 12 GDP Growth Rate QoQ events in Canada, we expect a 0 pip movement on BR within 2 hours following the event release at 30 Aug 12:30 UTC. We expect BR to trend downwards 2 hours following the event release at 30 Aug 12:30 UTC if the released value is < 0.4% Historical events that allowed us to draw this conclusion
01 Mar 13:30 |
02 Mar 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).