Canadian GDP (M/M)

Fx News Spike Signals by Crazy Cat, 2020/04/30

Release Time: 08:30 New York time (EST)
Primary currency pair: USD/CAD
Forecast: 0.1
Prior: 0.1
LT1 (Lower Trigger 1): --- [BUY]
UT1 (Upper Trigger 1): +++ [SELL]
Safety: 1

This is kind of the old news since the data is for February that basically excludes the effect of the coronavirus. Use your own triggers as you deem appropriate. Normally, a negative deviation would be a buy on USD/CAD (or EUR/CAD), and a positive deviation would be a sell on USD/CAD (or EUR/CAD).

NOTICE: Typically Canadian reports are released much earlier on SNW Enterprise than on SNW Elite or Pro. The time difference can be somewhere between 300 ms to over 1 sec (1000 ms). For that reason, I don't recommend trading this report if you are not SNW Enterprise subscriber.

Based on 16 estimates, the median estimate is 0.1%, and the average estimate is 0.13%. The highest estimate is 0.4% (two votes), then 0.3% (one vote), 0.2% (four estimates), 0.1% (six votes), 0.0% (two votes), and then the lowest estimate is -0.5% (one estimate). One standard deviation is +/- 0.20%.

For the best results, please visit our Forex economic calendar with historic charts to check how it performed in the past.

Forex news history and charts

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