Based on the last 12 GDP Growth Rate Annualized events in Canada, we expect a $0.983 movement on ED within the next 4 hours. We expect ED to trend upwards for the next 4 hours because the released value is > 1.2%
Historical events that allowed us to draw this conclusion
30 Aug 12:30 |
01 Dec 13:30 |
31 Aug 12:30 |
31 May 12:30 |
30 Nov 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
