Based on the last 12 GDP Growth Rate QoQ 2nd Est events in Euro Area, we expect a 7,150 pip movement on CC for the next 4 hours. We expect CC to trend downwards for 4 hours because the released value is = -0.6%
Historical events that allowed us to draw this conclusion
15 May 09:00 |
14 Feb 10:00 |
14 Nov 10:00 |
14 Aug 09:00 |
15 May 09:00 |
14 Feb 10:00 |
14 Nov 10:00 |
15 May 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
