Based on the last 12 GDP Growth Rate QoQ 1st Est events in France, we expect USDCAD to trend downwards later today. Based on these past events there is a 80% chance of this. We expect USDCAD to trend downwards 2 hours following the event release at 30 Apr 05:30 if the released value is > 0.1%. A price movement of 9 pips is expected.

Historical events that allowed us to draw this conclusion

29 Jan 06:30

30 Oct 06:30

31 Jul 05:30

30 Oct 06:30