GDP Growth Rate QoQ Prel

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Based on the last 12 GDP Growth Rate QoQ Prel events in Japan, we expect USDCAD to trend downwards later today. Based on these past events there is a 71.43% chance of this. We expect USDCAD to trend downwards 4 hours following the event release at 2023-02-13 23:50 if the released value is < 0.5%. A price movement of 25 pips is expected. Historical events that allowed us to draw this conclusion

14 Nov 23:50
14 Nov 23:50
17 May 23:50
16 Aug 23:50
16 Feb 23:50

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