Switzerland GDP Growth Rate QoQ News Event – a possible $203 movement on USDCAD
We expect a $203 movement on USDCAD within the next 2 hours. We expect USDCAD to trend downwards 2 hours following the GDP Growth Rate QoQ events in Switzerland release because the released value is < 0.4%. A price movement of 26 pips is expected.Historical events that allowed us to draw this conclusion28 Feb 08:0002 Sep 07:0003 Jun 05:45