Based on the last 12 GDP Growth Rate QoQ Flash events in Germany, we expect USDCAD to trend upwards later today. Based on these past events there is a 85.71% chance of this. This will happen if the released value is < -0.1% Historical events that allowed us to draw this conclusion
14 Feb 07:00 |
14 Nov 07:00 |
15 May 06:00 |
15 Aug 06:00 |
12 May 06:00 |
14 Feb 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
