Based on past Germany ZEW Economic Sentiment Index news events there is a 75% chance of 6M trending downwards. We expect this to happen because the released value is < 21.5. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion
13 Aug 09:00 |
16 Jul 09:00 |
14 May 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).