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We expect a $107 movement on USDCAD within the next 2 hours.

Based on the last 12 GDP Growth Rate QoQ Prel events in Japan, we could see a $107 movement on USDCAD within the next 2 hours. USDCAD could trend upwards for the next 2 hours because the released value is < -0.1% Historical events that allowed us to draw this conclusion

15 May 23:50
14 Feb 23:50
14 Nov 23:50
13 Feb 23:50
14 Aug 23:50

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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