Based on the last 12 GDP Growth Annualized Prel events in Japan, we expect USDCAD to trend downwards right now. Based on these past events there is a 66.67% chance of this. This will happen because the released value is > 0.4%
Historical events that allowed us to draw this conclusion
|19 May 23:50|
|09 Aug 23:50|
|14 Nov 23:50|
|13 Aug 23:50|
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).