We expect a $143 movement on USDJPY within 4 hours following the release of GDP Growth Rate QoQ.

Based on the last 12 GDP Growth Rate QoQ events in Canada, we expect USDJPY to trend upwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is < 0.4% Historical events that allowed us to draw this conclusion

31 Aug 12:30

31 May 12:30

31 Aug 12:30

01 Dec 13:30

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