A $576.993 movement could be seen on USDCAD within 12 hours following the release of GDP Growth Rate QoQ 2nd Est.
If the released value is = 0.2% for the GDP Growth Rate QoQ 2nd Est event, we could see a $576.993 movement on USDCAD within 12 hours following the release at 17 May 09:00. This movement may form an upwards trend for 12 hours following the event release at 17 May 09:00.
Historical events that allowed us to draw this conclusion
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
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