Want to know why USDCAD is going downwards for the next 12 hours?

Past performance is not an indicator of future results.
Based on the last 12 GDP Growth Rate QoQ Final events in United States, we expect a $201.236 movement on USDCAD within the next 12 hours. We expect USDCAD to trend downwards for the next 12 hours because the released value is < 2.4%

Historical events that allowed us to draw this conclusion

28 Jun 13:30
21 Dec 13:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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