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Be very careful of upcoming volatility. We expect a $0 movement on RA.

Be very careful of upcoming volatility because of Germany Ifo Business Climate news event later today. Based on the last 12 Ifo Business Climate events in Germany, we expect a $0 movement on RA within 12 hours following the event release at 25 Nov 09:00. We expect this to happen if the released value is > 95.0. A price movement of 0 pips is expected.

Historical events that allowed us to draw this conclusion

25 Oct 08:00
24 Jun 08:00
25 Mar 09:00

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

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