Based on the last 12 GDP Growth Rate QoQ Adv events in Italy, we expect a $230 movement on USDCAD within 2 hours following the event release at 2024-10-30 09:00. We expect USDCAD to trend upwards 2 hours following the event release at 2024-10-30 09:00 if the released value is > 0.2%
Historical events that allowed us to draw this conclusion
28 Apr 08:00 |
31 Jan 10:00 |
31 Oct 09:00 |
29 Jul 08:00 |
31 Jan 10:00 |
29 Oct 08:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
