Based on past Euro Area ECB Interest Rate Decision news events there is a 66.67% chance of SI trending downwards. We expect this to happen if the released value is = 0%. A price movement of 63 pips is expected.
Historical events that allowed us to draw this conclusion
10 Sep 11:45 |
16 Jul 11:45 |
30 Apr 11:45 |
12 Mar 12:45 |
12 Sep 11:45 |
25 Jul 11:45 |
06 Jun 11:45 |
10 Apr 11:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
