Based on the last 12 GDP Growth Rate QoQ events in Canada, we expect NZDUSD to trend upwards later today. Based on these past events there is a 83.33% chance of this. We expect NZDUSD to trend upwards 2 hours following the event release at 28 Aug 12:30 if the released value is > -12%. A price movement of 38 pips is expected.

Historical events that allowed us to draw this conclusion

30 Aug 12:30

31 Aug 12:30