Based on the last 12 GDP Growth Rate QoQ Flash events in Germany, we expect a $396.562 movement on USDCAD within 2 hours following the event release at 30 Jul 08:00. We expect USDCAD to trend upwards 2 hours following the event release at 30 Jul 08:00 if the released value is = -9%

Historical events that allowed us to draw this conclusion

15 May 08:00

14 Aug 06:00

15 May 06:00

14 Nov 07:00