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83.3% probability that USDCAD will trend up

83.3% probability that USDCAD will trend up

Based on the last 12 GDP Growth Rate YoY Flash events in EMU, we expect USDCAD to trend up later today. Based on these past events there is a 83.3% of this.
This will happen if the released value is = 1%

Historical events that allowed us to draw this conclusion

31 Jan 10:00
 
02 May 09:00
 
01 Aug 09:00
 
03 May 09:00
 
31 Oct 10:00
 

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

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