Based on the last 12 GDP Growth Rate QoQ events in Canada, we expect HE to trend upwards. Based on these past events there is a 66.67% chance of this. We expect HE to trend upwards for 2 hours because the released value is < 3.8%. A price movement of 37 pips is expected. Historical events that allowed us to draw this conclusion
01 Dec 13:30 |
01 Mar 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).