Be very careful of upcoming volatility because of United States Inflation Rate YoY news event later today. Based on the last 12 Inflation Rate YoY events in United States, we expect a $8,176.45 movement on LB within 48 hours following the event release at 12 Sep 12:30. We expect this to happen if the released value is = 1.8%. A price movement of 2,150 pips is expected.
Historical events that allowed us to draw this conclusion
11 Jul 12:30 |
11 Jan 13:30 |
12 Dec 13:30 |
14 Nov 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
