Based on the last 12 GDP Growth Rate QoQ events in Canada, we expect a 2387 pip movement on S within 48 hours following the event release at 2022-11-29 13:30. We expect S to trend upwards 48 hours following the event release at 2022-11-29 13:30 if the released value is > 0.4%
Historical events that allowed us to draw this conclusion
30 Nov 13:30 |
02 Mar 13:30 |
28 Aug 12:30 |
29 May 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
