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There is a 66.67% chance of MW trending upwards

Based on the last 12 GDP Growth Rate QoQ events in Canada, we expect MW to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect MW to trend upwards 2 hours following the event release at 2025-05-30 12:30 if the released value is > 0.3%. A price movement of 25 pips is expected.

Historical events that allowed us to draw this conclusion

31 May 12:30
29 Nov 13:30

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

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We expect EURUSD to trend downwards today with a 75% chance.

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