Based on the last 12 GDP Growth Rate QoQ Prel events in Japan, we expect USDCAD to trend upwards later today. Based on these past events there is a 80% chance of this. We expect USDCAD to trend upwards 2 hours following the event release at 16 Aug 23:50 if the released value is < -7.6%. A price movement of 19 pips is expected. Historical events that allowed us to draw this conclusion

13 Nov 23:50