Based on the last 12 GDP Growth Rate QoQ 2nd Est events in United States, a $101.427 movement could occur on USDCAD within 2 hours following the event release at 26 May 12:30. We expect USDCAD to trend downwards 2 hours following the event release at 26 May 12:30 if the released value is < -1.3% Historical events that allowed us to draw this conclusion
24 Nov 13:30 |
27 May 12:30 |
25 Nov 13:30 |
28 May 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
