Based on the last 12 GDP Growth Rate QoQ events in Australia, we expect a 4 pip movement on USDCAD within 2 hours following the event release at 03 Mar 00:30 UTC. We expect USDCAD to trend downwards 2 hours following the event release at 03 Mar 00:30 UTC if the released value is < 2.5% Historical events that allowed us to draw this conclusion

02 Sep 01:30

04 Dec 00:30

05 Jun 01:30

07 Mar 00:30