We expect a $357.417 movement on TN within 48 hours following the release of New Home Sales at 24 Feb 15:00. We expect TN to trend upwards 48 hours following the event release at 24 Feb 15:00 if the released value is > 0.855M. A price movement of 239 pips is expected.
Historical events that allowed us to draw this conclusion
23 Dec 15:00 |
25 Nov 15:00 |
26 Oct 14:00 |
24 Sep 14:00 |
23 Jun 14:00 |
26 May 14:00 |
24 Mar 14:00 |
26 Feb 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
