We expect a $416.976 movement on USDCAD within 48 hours following the event release at 31 Jul 08:00.

Based on the last 12 GDP Growth Rate QoQ Adv events in Italy, we expect a $416.976 movement on USDCAD within 48 hours following the event release at 31 Jul 08:00. We expect USDCAD to trend downwards 48 hours following the event release at 31 Jul 08:00 if the released value is < -15%Historical events that allowed us to draw this conclusion

31 Jan 10:00
30 Oct 09:00
14 Feb 09:00

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

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