If the released value is > 8.1% for the Inflation Rate YoY event, we could see a $1,100 movement on EURUSD within 48 hours following the release at 11 May 12:30. This movement may form an downwards trend for 48 hours following the event release at 11 May 12:30.
Historical events that allowed us to draw this conclusion
10 Feb 13:30 |
10 Nov 13:30 |
13 Jul 12:30 |
10 Jun 12:30 |
12 May 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
