We expect a $73,315 movement on CC within 2 hours following the release of Philadelphia Fed Manufacturing Index at 15 Oct 12:30. We expect CC to trend upwards 2 hours following the event release at 15 Oct 12:30 if the released value is > 14. A price movement of 3,100 pips is expected.
Historical events that allowed us to draw this conclusion
16 Jul 12:30 |
18 Jun 12:30 |
20 Feb 13:30 |
16 Jan 13:30 |
21 Nov 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).