We expect 6A to trend upwards later today. Based on these past Euro Area ECB Interest Rate Decision news events there is a 66.67% chance of this. We expect this to happen if the released value is = 0%. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
10 Mar 12:45 |
03 Feb 12:45 |
28 Oct 11:45 |
22 Jul 11:45 |
10 Jun 11:45 |
11 Mar 12:45 |
10 Dec 12:45 |
29 Oct 12:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
