We expect a $107 movement on USDCAD within 2 hours following the event release at 2024-11-14 23:50.

We expect a $107 movement on USDCAD within 2 hours following the release of GDP Growth Rate QoQ Prel at 2024-11-14 23:50. We expect USDCAD to trend upwards 2 hours following the event release at 2024-11-14 23:50 if the released value is < 0.2%. A price movement of 15 pips is expected. Historical events that allowed us to draw this conclusion

15 May 23:50

14 Feb 23:50

14 Nov 23:50

13 Feb 23:50

14 Aug 23:50

14 Feb 23:50

14 Nov 23:50

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