We expect a $0.064 movement on AC within the next 12 hours.

We expect a $0.064 movement on AC within the next 12 hours. We expect AC to trend downwards 12 hours following the Markit Manufacturing PMI Flash events in Germany release because the released value is < 39. A price movement of 7 pips is expected. Historical events that allowed us to draw this conclusion

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).