Be very careful of upcoming volatility because of Germany Unemployment Rate news event later today. Based on the last 12 Unemployment Rate events in Germany, we expect a $0 movement on 6A within 4 hours following the event release at 29 Nov 08:55. We expect this to happen if the released value is = 5%. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
30 Sep 07:55 |
29 Aug 07:55 |
31 Jul 07:55 |
30 Apr 07:55 |
29 Mar 08:55 |
01 Mar 08:55 |
31 Jan 08:55 |
04 Jan 08:55 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
