Based on the last 12 Inflation Rate MoM events in United States, we expect EURUSD to trend upwards later today. Based on these past events there is a 75% chance of this. We expect EURUSD to trend upwards 2 hours following the event release at 2024-11-13 13:30 if the released value is < 0.2%. A price movement of 76 pips is expected. Historical events that allowed us to draw this conclusion
11 Jul 12:30 |
12 Jun 12:30 |
14 Nov 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
