We expect USDCAD to trend downwards for the next 2 hours. Based on these past France GDP Growth Rate QoQ 1st Est news events there is a 75% chance of this. We expect this to happen because the released value is > 0.5%. A price movement of 14 pips is expected.

Historical events that allowed us to draw this conclusion

29 Oct 05:30

30 Jul 05:30

29 Jan 06:30

30 Oct 06:30

31 Jul 05:30

30 Oct 06:30