Based on the last 12 GDP Growth Rate QoQ events in Australia, we expect USDCAD to trend upwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is > 0.5%
Historical events that allowed us to draw this conclusion
06 Jun 01:30 |
07 Jun 01:30 |
01 Mar 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
