We expect C to trend upwards later today. Based on these past Germany Ifo Business Climate news events there is a 80% chance of this. We expect this to happen if the released value is > 94.7. A price movement of 126,450 pips is expected.
Historical events that allowed us to draw this conclusion
25 May 08:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
