Based on the last 12 GDP Growth Rate YoY Flash events in Germany, we expect USDCAD to trend upwards later today. Based on these past events there is a 66.67% chance of this. This will happen if the released value is > 0.1%
Historical events that allowed us to draw this conclusion
14 Nov 07:00 |
12 Aug 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).