With Trading Central's "Economic Insight", investors can identify opportunities by targeting economic data and events that have high volatility impact.
Canada will report third quarter GDP growth next Friday, let's find out how Economic Insight helps trading prep.
In Economic Insight, users can customize settings by selecting date, importance and countries on the left menu:
We are looking at Canada's GDP due on Friday (November 28) and we can click on those little icons on the right to find out more information related to the event:
The Volatility session showed that the average pips range (1 hour) for the past 8 releases is about 26 pips for USD/CAD:
In the Impact session, we can see that last time USD/CAD moved in a range of 26 pips during the hour after the release:
Below are the other key data for the upcoming week:
Source: Trading Central Economic Insight
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