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We expect a 0 pip movement on BR within 2 hours following the event release.

Based on the last 12 GDP Growth Rate QoQ events in Canada, we expect a 0 pip movement on BR within 2 hours following the event release at 30 Aug 12:30 UTC. We expect BR to trend downwards 2 hours following the event release at 30 Aug 12:30 UTC if the released value is < 0.4% Historical events that allowed us to draw this conclusion

01 Mar 13:30
02 Mar 13:30

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

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We expect BO to trend downwards today with a 66.67% chance.

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Be very careful of upcoming volatility. We expect a $40 movement on NZDUSD.

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